£151,492
This estimated value is based upon the latest sale price for the house of £116,000 on 12 Dec 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £116,000 | 12 Dec 2016 |
| £120,000 | 11 Jan 2012 |
| Detached |
| 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 December 2016 the House Price Index for LANCASHIRE was 113.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £116,000 results in an estimated price of approximately £151,492.
| 12 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.0 | 30.597 % | £116,000 | £35,492 | £151,492 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 45.094 % | £52,308 | £168,308 |
| 3 Month Average | 35.228 % | £40,865 | £156,865 |
| 6 Month Average | 31.684 % | £36,752 | £152,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £148,815 | £146,000 | 28 MARGARET STREET |
| 14 Aug 2023 | £142,366 | £141,500 | 12 MARGARET STREET |
| 13 Jul 2023 | £333,151 | £330,000 | 21 LEE BROOK CLOSE |
| 23 Jun 2023 | £115,940 | £115,000 | 4 MARGARET STREET |
| 31 Mar 2023 | £145,788 | £145,000 | 30 MARGARET STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 18 Apr 2012. Using an estimated price of £151,493 means this house is valued at £1,252 per sq meter (£116 per sq foot).
The average size of a house on BURNLEY ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alexandria Street |
| Feb 2024 | Anti-social behaviour | On or near Alexandria Street | |
| Feb 2024 | Anti-social behaviour | On or near Alexandria Street | |
| Feb 2024 | Anti-social behaviour | On or near Alexandria Street | |
| Apr 2024 | Anti-social behaviour | On or near Lee Street |