£60,118
This estimated value is based upon the latest sale price for the house of £16,950 on 31 Jan 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £16,950 | 31 Jan 2001 |
| Terraced |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 January 2001 the House Price Index for LANCASHIRE was 41.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 254.682%.Applying this 254.682% change to the original purchase price of £16,950 results in an estimated price of approximately £60,118.
| 31 Jan 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 148.0 | 254.682 % | £16,950 | £43,168 | £60,118 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | 146.225 % | £24,785 | £41,735 |
| 3 Month Average | 219.233 % | £37,160 | £54,110 |
| 6 Month Average | 250.638 % | £42,483 | £59,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £44,572 | £44,000 | 22 RUTLAND STREET |
| 2 Aug 2022 | £39,235 | £39,500 | 85 BANKHOUSE ROAD |
| 10 Feb 2022 | £67,890 | £65,000 | 34 NEWPORT STREET |
| 16 Dec 2021 | £61,996 | £58,100 | 40 NEWPORT STREET |
| 4 Oct 2021 | £44,079 | £39,999 | 24 RUTLAND STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Sep 2013. Using an estimated price of £60,119 means this house is valued at £683 per sq meter (£63 per sq foot).
The average size of a house on BANKHOUSE ROAD is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Awaiting court outcome | On or near Cumberland Street |
| Jan 2024 | Anti-social behaviour | On or near Cumberland Street | |
| Jan 2024 | Anti-social behaviour | On or near Cumberland Street | |
| Jan 2024 | Anti-social behaviour | On or near Cumberland Street | |
| Jan 2024 | Anti-social behaviour | On or near Cumberland Street |