£119,919
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Sep 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 30 Sep 2022 |
| £74,450 | 4 Aug 2017 |
| £80,000 | 12 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2022 the House Price Index for LANCASHIRE was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £120,000 results in an estimated price of approximately £119,919.
| 30 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £120,000 | £-80 | £119,919 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | -39.033 % | £-46,839 | £73,160 |
| 3 Month Average | 70.203 % | £84,244 | £204,244 |
| 6 Month Average | 25.320 % | £30,383 | £150,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £67,500 | £67,500 | 5 THORN CRESCENT |
| 7 Jun 2024 | £90,000 | £90,000 | 23 REGENT STREET |
| 26 Apr 2024 | £98,858 | £98,000 | 94 PENNINE ROAD |
| 11 Apr 2024 | £60,526 | £60,000 | 7 PENDLE CLOSE |
| 27 Oct 2023 | £127,905 | £125,000 | 13 PENDLE CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Feb 2017. Using an estimated price of £119,920 means this house is valued at £1,816 per sq meter (£168 per sq foot).
The average size of a house on PENDLE CLOSE is 74 sq meters (803 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pendle Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Britannia Avenue |
| May 2024 | Anti-social behaviour | On or near Britannia Avenue | |
| May 2024 | Anti-social behaviour | On or near Britannia Avenue | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Britannia Avenue |