£81,413
This estimated value is based upon the latest sale price for the house of £67,500 on 11 Jun 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£67,500 | 11 Jun 2020 |
£34,000 | 7 Aug 1998 |
Terraced |
Leasehold |
Floor Area: 96 sq meters or 1,033 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 2020 the House Price Index for LANCASHIRE was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £67,500 results in an estimated price of approximately £81,413.
11 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.0 | 20.613 % | £67,500 | £13,913 | £81,413 |
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 | 16.766 % | £11,317 | £78,817 |
3 Month Average | 37.309 % | £25,183 | £92,683 |
6 Month Average | 18.096 % | £12,214 | £79,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Mar 2023 | £120,652 | £120,000 | 1049A BURNLEY ROAD EAST |
26 Oct 2022 | £567 | £575 | 1 LOWER HOUSE GREEN |
29 Oct 2021 | £117,364 | £106,500 | 2 NORTH STREET |
21 Sep 2021 | £150,254 | £140,000 | 12 WATERFOLD |
20 Aug 2021 | £188,889 | £170,000 | 1134 BURNLEY ROAD EAST |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Nov 2019. Using an estimated price of £81,413 means this house is valued at £848 per sq meter (£78 per sq foot).
The average size of a house on BURNLEY ROAD EAST is 100 sq meters (1,084 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower House Green |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bridge Street |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bridge Street |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bridge Street |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dean Fold |