£120,794
This estimated value is based upon the latest sale price for the house of £100,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Spa Street
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| Price Paid | Date |
|---|---|
| £100,000 | 28 Aug 2020 |
| £106,000 | 24 Aug 2016 |
| £117,000 | 31 Mar 2008 |
| Flats/Maisonettes |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in August 2020 the House Price Index for LANCASHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £100,000 results in an estimated price of approximately £120,794.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £100,000 | £20,794 | £120,794 |
The Postcode Pricing Model uses changes in average sales price within the BB12 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 35.779 % | £35,778 | £135,778 |
| 3 Month Average | 19.015 % | £19,014 | £119,014 |
| 6 Month Average | 23.449 % | £23,449 | £123,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £121,051 | £120,000 | 16 BENDWOOD COURT |
| 24 Aug 2023 | £86,561 | £85,000 | 12 WESLEY STREET |
| 18 Aug 2023 | £196,036 | £192,500 | 10 INSTITUTE STREET |
| 29 Jun 2023 | £51,022 | £50,000 | 120 BURNLEY ROAD |
| 6 Apr 2023 | £69,296 | £68,000 | 17 PENDLE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Spa Street | |
| Sep 2024 | Anti-social behaviour | On or near Spa Street | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spa Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spa Street |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Spa Street |