£177,345
This estimated value is based upon the latest sale price for the house of £142,500 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £142,500 | 15 Mar 2019 |
| £134,950 | 28 Apr 2011 |
| £137,200 | 9 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 March 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £142,500 results in an estimated price of approximately £177,345.
| 15 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £142,500 | £34,845 | £177,345 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 59.997 % | £85,495 | £227,995 |
| 3 Month Average | 46.843 % | £66,751 | £209,251 |
| 6 Month Average | 29.972 % | £42,710 | £185,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £214,078 | £207,500 | 8 CORNMILL PLACE |
| 16 Oct 2023 | £119,719 | £117,000 | 28 BRACEWELL STREET |
| 12 Jun 2023 | £142,863 | £140,000 | 33 GISBURN STREET |
| 10 Mar 2023 | £66,104 | £65,000 | 21 POWELL STREET |
| 28 Feb 2023 | £178,694 | £177,500 | 18 CORNMILL PLACE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Jan 2011. Using an estimated price of £177,346 means this house is valued at £2,570 per sq meter (£238 per sq foot).
The average size of a house on CORNMILL PLACE is 68 sq meters (741 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Cornmill Place |
| Aug 2024 | Anti-social behaviour | On or near Cornmill Place | |
| Aug 2024 | Anti-social behaviour | On or near Cornmill Place | |
| Aug 2024 | Anti-social behaviour | On or near Cornmill Place | |
| Aug 2024 | Anti-social behaviour | On or near Cornmill Place |