£32,268
This estimated value is based upon the latest sale price for the house of £25,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £25,000 | 30 Jun 2017 |
| £55,000 | 27 Mar 2007 |
| Terraced |
| Leasehold |
| Floor Area: 121 sq meters or 1,302 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 2017 the House Price Index for LANCASHIRE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £25,000 results in an estimated price of approximately £32,268.
| 30 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £25,000 | £7,268 | £32,268 |
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 | 30.649 % | £7,662 | £32,662 |
| 3 Month Average | 28.380 % | £7,094 | £32,094 |
| 6 Month Average | 41.508 % | £10,376 | £35,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £85,399 | £85,000 | 126 RICHMOND ROAD |
| 28 Jan 2022 | £68,913 | £65,000 | 18 PENDLE STREET |
| 15 Sep 2021 | £103,324 | £95,180 | 86 RICHMOND STREET |
| 10 Sep 2021 | £42,337 | £39,000 | 111 RICHMOND STREET |
| 4 Dec 2020 | £80,935 | £70,000 | 14 PRIMROSE STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 8 Dec 2016. Using an estimated price of £32,268 means this house is valued at £266 per sq meter (£24 per sq foot).
The average size of a house on WILLOWS LANE is 105 sq meters (1,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fraser Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fraser Street |