£49,162
This estimated value is based upon the latest sale price for the house of £39,500 on 7 Jun 2019. 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 Cavour Street
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| Price Paid | Date |
|---|---|
| £39,500 | 7 Jun 2019 |
| £18,000 | 28 Mar 2003 |
| Terraced |
| Leasehold |
| Floor Area: 115 sq meters or 1,237 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 June 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £39,500 results in an estimated price of approximately £49,162.
| 7 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £39,500 | £9,662 | £49,162 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 129.882 % | £51,303 | £90,803 |
| 3 Month Average | 52.330 % | £20,670 | £60,170 |
| 6 Month Average | 39.840 % | £15,736 | £55,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £50,438 | £50,000 | 166 RECTORY ROAD |
| 24 Aug 2023 | £101,837 | £100,000 | 19 GORDON STREET |
| 12 May 2022 | £120,130 | £117,000 | UNIT 5 ASHLEY STREET WORKS ASHLEY STREET |
| 28 Apr 2022 | £82,994 | £80,000 | 15 BROUGHAM STREET |
| 22 Jun 2020 | £60,999 | £50,000 | 28 MARCH STREET |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 3 Jun 2016. Using an estimated price of £49,163 means this house is valued at £427 per sq meter (£39 per sq foot).
The average size of a house on RECTORY ROAD is 115 sq meters (1,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Cavour Street |
| Aug 2024 | Anti-social behaviour | On or near Cavour Street | |
| Aug 2024 | Anti-social behaviour | On or near Cavour Street | |
| Aug 2024 | Anti-social behaviour | On or near Cavour Street | |
| Oct 2024 | Anti-social behaviour | On or near Castle Street |