£189,556
This estimated value is based upon the latest sale price for the house of £115,000 on 24 Oct 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£115,000 | 24 Oct 2013 |
£70,000 | 31 May 2002 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 840 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 2013 the House Price Index for LANCASHIRE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £115,000 results in an estimated price of approximately £189,556.
24 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £115,000 | £74,556 | £189,556 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 5.247 % | £6,034 | £121,034 |
3 Month Average | 34.895 % | £40,128 | £155,128 |
6 Month Average | 38.580 % | £44,367 | £159,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £319,915 | £315,000 | 725 BURNLEY ROAD EAST |
4 Dec 2023 | £170,231 | £165,000 | 602 BURNLEY ROAD EAST |
11 Aug 2023 | £169,049 | £166,000 | 4 BROCKCLOUGH ROAD |
23 Jun 2023 | £193,885 | £190,000 | 16 ELIZABETH STREET |
29 Mar 2023 | £121,987 | £119,950 | 8 HIGHTOWN |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 28 Mar 2012. Using an estimated price of £189,556 means this house is valued at £2,428 per sq meter (£225 per sq foot).
The average size of a house on RIVERSIDE MEWS is 80 sq meters (867 sq feet).
This house is the largest in the street with a floor area of 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Under investigation | On or near School Street |
Jun 2024 | Anti-social behaviour | On or near Riverside Mews | |
Jun 2024 | Anti-social behaviour | On or near Riverside Mews | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brock Bank |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brock Bank |