£58,613
This estimated value is based upon the latest sale price for the house of £15,000 on 3 Feb 2000. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£15,000 | 3 Feb 2000 |
£14,250 | 18 Feb 1999 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 904 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 February 2000 the House Price Index for LANCASHIRE was 37.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 290.757%.Applying this 290.757% change to the original purchase price of £15,000 results in an estimated price of approximately £58,613.
3 Feb 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.9 | 148.0 | 290.757 % | £15,000 | £43,613 | £58,613 |
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 | 285.366 % | £42,804 | £57,804 |
3 Month Average | 272.412 % | £40,861 | £55,861 |
6 Month Average | 239.590 % | £35,938 | £50,938 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £64,427 | £63,600 | 87 WILLOWS LANE |
24 Mar 2022 | £121,785 | £118,000 | 4 MOORHOUSE CLOSE |
25 Feb 2022 | £70,501 | £67,500 | 25 PRIMROSE STREET |
1 Dec 2021 | £77,895 | £73,000 | 143 WILLOWS LANE |
22 Oct 2021 | £90,365 | £82,000 | 130 WILLOWS LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Apr 2014. Using an estimated price of £58,613 means this house is valued at £697 per sq meter (£64 per sq foot).
The average size of a house on WILLOWS LANE is 105 sq meters (1,137 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Willows Lane | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Willows Lane |
Jan 2024 | Anti-social behaviour | On or near Willows Lane | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willows Lane |
Jan 2024 | Anti-social behaviour | On or near Willows Lane |