£338,860
This estimated value is based upon the latest sale price for the house of £270,000 on 5 Jan 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 5 Jan 2018 |
| Detached |
| Leasehold |
| Floor Area: 119 sq meters or 1,280 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 January 2018 the House Price Index for LANCASHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £270,000 results in an estimated price of approximately £338,860.
| 5 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £270,000 | £68,860 | £338,860 |
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 | 49.617 % | £133,966 | £403,966 |
| 3 Month Average | 12.174 % | £32,868 | £302,868 |
| 6 Month Average | 19.147 % | £51,696 | £321,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £284,986 | £280,000 | 94 ROYDS AVENUE |
| 3 Apr 2023 | £303,265 | £300,000 | 6 NEWTON DRIVE |
| 25 Jan 2023 | £124,912 | £125,500 | 23 HARCOURT ROAD |
| 13 Sep 2022 | £312,477 | £315,000 | 4 NEWTON DRIVE |
| 19 Aug 2022 | £300,192 | £301,000 | 8 NEWTON DRIVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 20 Oct 2016. Using an estimated price of £338,861 means this house is valued at £2,847 per sq meter (£264 per sq foot).
The average size of a house on HOLLINS LANE is 173 sq meters (1,868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Newton Drive |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Newton Drive |
| Mar 2024 | Anti-social behaviour | On or near Newton Drive | |
| Mar 2024 | Anti-social behaviour | On or near Newton Drive | |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area |