£81,306
This estimated value is based upon the latest sale price for the house of £66,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Bishop Street
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| Price Paid | Date |
|---|---|
| £66,000 | 17 Aug 2018 |
| £70,000 | 29 Mar 2006 |
| Terraced |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 August 2018 the House Price Index for LANCASHIRE was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £66,000 results in an estimated price of approximately £81,306.
| 17 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £66,000 | £15,306 | £81,306 |
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 | 57.479 % | £37,936 | £103,936 |
| 3 Month Average | 18.771 % | £12,389 | £78,389 |
| 6 Month Average | 16.563 % | £10,931 | £76,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £156,480 | £155,000 | 5 BISHOP STREET |
| 14 Apr 2023 | £95,711 | £95,000 | 18 RUSSELL STREET |
| 15 Feb 2023 | £78,130 | £78,500 | 8 LEMONIUS STREET |
| 6 Jun 2022 | £74,758 | £74,000 | 13 RUSSELL STREET |
| 19 Jan 2022 | £80,184 | £76,500 | 26 LEMONIUS STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 1 Oct 2015. Using an estimated price of £81,306 means this house is valued at £903 per sq meter (£83 per sq foot).
The average size of a house on BISHOP STREET is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Bishop Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishop Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Street |
| Feb 2024 | Anti-social behaviour | On or near South Street | |
| Feb 2024 | Anti-social behaviour | On or near South Street |