£49,691
This estimated value is based upon the latest sale price for the house of £40,000 on 2 May 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 2 May 2018 |
| £43,000 | 22 Jul 2015 |
| £32,000 | 27 Mar 2014 |
| £48,500 | 19 Dec 2007 |
| £25,950 | 12 Oct 2004 |
| £25,000 | 27 Feb 2003 |
| £11,000 | 18 Nov 1996 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 769 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 May 2018 the House Price Index for LANCASHIRE was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £40,000 results in an estimated price of approximately £49,691.
| 2 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £40,000 | £9,691 | £49,691 |
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 | 32.301 % | £12,920 | £52,920 |
| 3 Month Average | 17.361 % | £6,944 | £46,944 |
| 6 Month Average | 22.724 % | £9,089 | £49,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £75,459 | £75,000 | 63 RICHMOND HILL STREET |
| 21 Jun 2023 | £55,954 | £55,500 | 85 RICHMOND HILL STREET |
| 31 Mar 2023 | £102,554 | £102,000 | 91 RICHMOND HILL STREET |
| 13 Jul 2022 | £126,279 | £126,450 | 75 RICHMOND HILL STREET |
| 21 Jan 2022 | £71,275 | £68,000 | 150 RICHMOND HILL STREET |
This house has a floor area of 71 sq meters or 769 sq feet when measured on 18 Jan 2012. Using an estimated price of £49,691 means this house is valued at £694 per sq meter (£64 per sq foot).
The average size of a house on HOPE STREET is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hope Street | |
| Apr 2024 | Other theft | Under investigation | On or near Hope Street |
| Apr 2024 | Drugs | Under investigation | On or near Hope Street |
| Mar 2024 | Anti-social behaviour | On or near Hope Street | |
| Mar 2024 | Anti-social behaviour | On or near Hope Street |