£53,179
This estimated value is based upon the latest sale price for the house of £45,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £45,000 | 2 Oct 2020 |
| £55,000 | 25 Jun 2010 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 October 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £45,000 results in an estimated price of approximately £53,179.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £45,000 | £8,179 | £53,179 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | 2.567 % | £1,155 | £46,155 |
| 3 Month Average | 47.570 % | £21,406 | £66,406 |
| 6 Month Average | 33.302 % | £14,985 | £59,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £60,500 | £60,500 | 72 PICCADILLY ROAD |
| 7 Mar 2024 | £51,796 | £51,000 | 4 ELLIS STREET |
| 29 Sep 2023 | £146,581 | £143,350 | 15 OPORTO CLOSE |
| 30 Aug 2023 | £168,031 | £165,000 | 27 LISBON DRIVE |
| 31 Mar 2023 | £53,900 | £53,000 | 76 PICCADILLY ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 Jun 2020. Using an estimated price of £53,180 means this house is valued at £805 per sq meter (£74 per sq foot).
The average size of a house on ELLIS STREET is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ellis Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bailey Street |