£118,219
This estimated value is based upon the latest sale price for the house of £95,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £95,000 | 1 Feb 2019 |
| £32,500 | 2 Aug 2002 |
| Terraced |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 February 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £95,000 results in an estimated price of approximately £118,219.
| 1 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £95,000 | £23,219 | £118,219 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | 8.858 % | £8,415 | £103,415 |
| 3 Month Average | 46.911 % | £44,565 | £139,565 |
| 6 Month Average | 31.745 % | £30,157 | £125,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £68,553 | £67,500 | 1 HERBERT STREET |
| 14 Dec 2023 | £105,749 | £102,500 | 91 ALBION STREET |
| 22 Nov 2023 | £179,558 | £175,000 | 18 PALATINE SQUARE |
| 24 Oct 2023 | £58,325 | £57,000 | 9 HERBERT STREET |
| 13 Oct 2023 | £40,930 | £40,000 | 23 HERBERT STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 10 Nov 2012. Using an estimated price of £118,219 means this house is valued at £1,182 per sq meter (£109 per sq foot).
The average size of a house on ALBION STREET is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Albion Street | |
| Sep 2024 | Anti-social behaviour | On or near Albion Street | |
| Oct 2024 | Bicycle theft | Unable to prosecute suspect | On or near Herbert Street |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Herbert Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Herbert Street |