£2,762
This estimated value is based upon the latest sale price for the house of £2,700 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £2,700 | 31 Oct 2023 |
| £299,995 | 24 Jul 2020 |
| £250,000 | 2 Mar 2006 |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 October 2023 the House Price Index for LANCASHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £2,700 results in an estimated price of approximately £2,762.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £2,700 | £62 | £2,762 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | -47.195 % | £-1,274 | £1,425 |
| 3 Month Average | 11.268 % | £304 | £3,004 |
| 6 Month Average | 8.409 % | £227 | £2,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £294,035 | £285,000 | 8 CHAPEL CLOSE |
| 14 Nov 2023 | £184,688 | £180,000 | 9 NELSON STREET |
| 31 Oct 2023 | £2,763 | £2,700 | 1 MEADOWLANDS |
| 29 Aug 2023 | £173,072 | £169,950 | 34 UNION STREET |
| 21 Aug 2023 | £336,061 | £330,000 | 10 MEADOWLANDS |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 17 Feb 2020. Using an estimated price of £2,763 means this house is valued at £24 per sq meter (£2 per sq foot).
The average size of a house on MEADOWLANDS is 141 sq meters (1,517 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Meadowlands | |
| Jun 2024 | Anti-social behaviour | On or near Meadowlands | |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Meadowlands |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chapel Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chapel Close |