£110,516
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Aug 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Scothern Close
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| Price Paid | Date |
|---|---|
| £110,000 | 2 Aug 2022 |
| £75,000 | 17 Jan 2014 |
| £78,500 | 3 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 August 2022 the House Price Index for LANCASHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £110,000 results in an estimated price of approximately £110,516.
| 2 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £110,000 | £516 | £110,516 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | -36.458 % | £-40,103 | £69,896 |
| 3 Month Average | -6.434 % | £-7,077 | £102,922 |
| 6 Month Average | -3.174 % | £-3,491 | £106,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £93,500 | £93,500 | 14 BANK STREET |
| 19 Mar 2024 | £95,467 | £94,000 | 16 STUART STREET |
| 20 Oct 2023 | £107,440 | £105,000 | 32 VALLEY ROAD |
| 16 Oct 2023 | £133,021 | £130,000 | 19 CRAVEN STREET |
| 24 Mar 2023 | £97,122 | £95,500 | 22 VALLEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Oct 2014. Using an estimated price of £110,517 means this house is valued at £1,513 per sq meter (£140 per sq foot).
The average size of a house on ETHEL STREET is 92 sq meters (993 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Scothern Close |
| Jul 2024 | Public order | Under investigation | On or near Scothern Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scothern Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scothern Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Scothern Close |