£115,602
This estimated value is based upon the latest sale price for the house of £92,000 on 4 May 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 Scott Street
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| Price Paid | Date |
|---|---|
| £92,000 | 4 May 2018 |
| £43,000 | 25 Oct 2002 |
| Terraced |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 May 2018 the House Price Index for LANCASHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £92,000 results in an estimated price of approximately £115,602.
| 4 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £92,000 | £23,602 | £115,602 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 26.011 % | £23,929 | £115,929 |
| 3 Month Average | 25.820 % | £23,754 | £115,754 |
| 6 Month Average | 17.907 % | £16,473 | £108,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £42,300 | £41,000 | 22 MOORE STREET |
| 19 Dec 2023 | £74,798 | £72,500 | 35 SCOTT STREET |
| 24 Nov 2023 | £116,969 | £114,000 | 24 LYTTON STREET |
| 28 Sep 2023 | £73,623 | £72,000 | 4 SCOTT STREET |
| 11 Aug 2023 | £91,653 | £90,000 | 818 PADIHAM ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 1 Apr 2015. Using an estimated price of £115,603 means this house is valued at £1,167 per sq meter (£108 per sq foot).
The average size of a house on POETS ROAD is 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Scott Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott Street |
| Apr 2024 | Anti-social behaviour | On or near Scott Street |