£53,042
This estimated value is based upon the latest sale price for the house of £37,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £37,000 | 31 Jul 2015 |
| Terraced |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 July 2015 the House Price Index for LANCASHIRE was 103.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 43.359%.Applying this 43.359% change to the original purchase price of £37,000 results in an estimated price of approximately £53,042.
| 31 Jul 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.0 | 43.359 % | £37,000 | £16,042 | £53,042 |
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 | 51.528 % | £19,065 | £56,065 |
| 3 Month Average | 25.992 % | £9,617 | £46,617 |
| 6 Month Average | 33.103 % | £12,248 | £49,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £65,845 | £65,000 | 52 STATION ROAD |
| 20 Feb 2023 | £280,672 | £282,000 | 108A STATION ROAD |
| 28 Mar 2022 | £69,149 | £67,000 | 5 JAMES STREET |
| 9 Mar 2022 | £95,983 | £93,000 | 90 STATION ROAD |
| 15 Jun 2021 | £58,238 | £54,500 | 16 EDGAR STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 30 Sep 2013. Using an estimated price of £53,043 means this house is valued at £869 per sq meter (£80 per sq foot).
The average size of a house on STATION ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Local resolution | On or near James Street |
| Apr 2024 | Other theft | Under investigation | On or near James Street |
| Jan 2024 | Other crime | Under investigation | On or near James Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Walter Street |