£403,465
This estimated value is based upon the latest sale price for the house of £325,000 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 25 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 October 2018 the House Price Index for LANCASHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £325,000 results in an estimated price of approximately £403,465.
| 25 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £325,000 | £78,465 | £403,465 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 31.209 % | £101,427 | £426,427 |
| 3 Month Average | 18.442 % | £59,935 | £384,935 |
| 6 Month Average | 26.789 % | £87,064 | £412,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £270,306 | £262,000 | 162 CHATBURN ROAD |
| 25 Aug 2023 | £147,663 | £145,000 | 61 COLTHIRST DRIVE |
| 18 Aug 2023 | £315,694 | £310,000 | 109 CHATBURN ROAD |
| 30 Jun 2023 | £265,317 | £260,000 | 152 CHATBURN ROAD |
| 31 Jan 2023 | £144,887 | £144,500 | 23 COLTHIRST DRIVE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 7 Apr 2012. Using an estimated price of £403,465 means this house is valued at £2,744 per sq meter (£254 per sq foot).
The average size of a house on CHATBURN ROAD is 140 sq meters (1,509 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatburn Road |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kiln Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Drive |
| Aug 2024 | Anti-social behaviour | On or near Chatburn Park Drive | |
| Aug 2024 | Anti-social behaviour | On or near Chatburn Park Drive |