£194,282
This estimated value is based upon the latest sale price for the house of £190,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 29 Sep 2023 |
| £124,000 | 24 Mar 2014 |
| £139,950 | 19 Jun 2009 |
| £60,000 | 19 Apr 2004 |
| £28,000 | 12 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 September 2023 the House Price Index for LANCASHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £190,000 results in an estimated price of approximately £194,282.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £190,000 | £4,282 | £194,282 |
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 | 62.373 % | £118,508 | £308,508 |
| 3 Month Average | 15.942 % | £30,289 | £220,289 |
| 6 Month Average | 4.035 % | £7,666 | £197,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £553,809 | £549,000 | 1 CLOUGH FOLD BARN LOVECLOUGH FOLD |
| 22 Mar 2024 | £50,780 | £50,000 | 1168 BURNLEY ROAD |
| 29 Sep 2023 | £194,283 | £190,000 | 1320 BURNLEY ROAD |
| 24 Aug 2023 | £106,929 | £105,000 | 1296 BURNLEY ROAD |
| 28 Apr 2023 | £142,668 | £140,000 | 1071 BURNLEY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Jan 2013. Using an estimated price of £194,283 means this house is valued at £2,736 per sq meter (£254 per sq foot).
The average size of a house on BURNLEY ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Aug 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Aug 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Aug 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jul 2024 | Anti-social behaviour | On or near Park/Open Space |