£447,834
This estimated value is based upon the latest sale price for the house of £375,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 7 Aug 2020 |
| £175,000 | 20 Jun 2003 |
| £175,000 | 20 Jun 2003 |
| £175,000 | 20 Jun 2003 |
| £175,000 | 20 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 203 sq meters or 2,185 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 2020 the House Price Index for LANCASHIRE was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £375,000 results in an estimated price of approximately £447,834.
| 7 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £375,000 | £72,834 | £447,834 |
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 | -9.448 % | £-35,428 | £339,571 |
| 3 Month Average | 23.338 % | £87,519 | £462,519 |
| 6 Month Average | 31.509 % | £118,157 | £493,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £175,593 | £175,000 | 177 HOLLINS LANE |
| 20 Dec 2023 | £377,135 | £370,000 | 249 MANCHESTER ROAD |
| 12 Dec 2023 | £341,460 | £335,000 | 128 HOLLINS LANE |
| 8 Dec 2023 | £285,399 | £280,000 | 94 ROYDS AVENUE |
| 16 Nov 2023 | £78,001 | £77,000 | 458 MANCHESTER ROAD |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 16 Nov 2012. Using an estimated price of £447,834 means this house is valued at £2,206 per sq meter (£204 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 | 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 Newton Drive | |
| Mar 2024 | Anti-social behaviour | On or near Newton Drive |