£300,418
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 24 Jun 2021 |
| £270,000 | 24 Jul 2007 |
| £101,950 | 25 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 sq feet |
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 June 2021 the House Price Index for LANCASHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £280,000 results in an estimated price of approximately £300,418.
| 24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £280,000 | £20,418 | £300,418 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 7.690 % | £21,530 | £301,530 |
| 3 Month Average | -20.084 % | £-56,233 | £223,766 |
| 6 Month Average | -11.889 % | £-33,289 | £246,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £299,145 | £299,950 | 14 BADGERS CLOSE |
| 2 Mar 2022 | £165,750 | £159,950 | 75 WOODSIDE ROAD |
| 28 Jan 2022 | £94,717 | £90,000 | 13 WOODSIDE ROAD |
| 17 Dec 2021 | £56,783 | £53,000 | FLAT 2 SPRUCE COURT WOODSIDE ROAD |
| 22 Oct 2021 | £123,372 | £111,500 | 496 BURNLEY ROAD |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 8 Aug 2014. Using an estimated price of £300,419 means this house is valued at £1,877 per sq meter (£174 per sq foot).
The average size of a house on CALDEW COURT is 151 sq meters (1,628 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).