£37,819
This estimated value is based upon the latest sale price for the house of £31,000 on 10 Jun 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near Herbert Street
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| Price Paid | Date |
|---|---|
| £31,000 | 10 Jun 2020 |
| £25,000 | 27 Jun 2018 |
| £18,000 | 4 May 2018 |
| £22,000 | 11 Jul 2016 |
| £15,000 | 15 Dec 2015 |
| £55,000 | 30 Mar 2010 |
| Terraced |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2020 the House Price Index for LANCASHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £31,000 results in an estimated price of approximately £37,819.
| 10 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £31,000 | £6,819 | £37,819 |
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 | 123.508 % | £38,287 | £69,287 |
| 3 Month Average | 56.079 % | £17,384 | £48,384 |
| 6 Month Average | 29.461 % | £9,132 | £40,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £39,950 | £39,950 | 20 PRITCHARD STREET |
| 19 Mar 2024 | £68,553 | £67,500 | 1 HERBERT STREET |
| 18 Dec 2023 | £30,951 | £30,000 | 40 GRANGE STREET |
| 2 Nov 2023 | £82,083 | £79,999 | 18 PRITCHARD STREET |
| 24 Oct 2023 | £58,325 | £57,000 | 9 HERBERT STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 26 Feb 2020. Using an estimated price of £37,819 means this house is valued at £675 per sq meter (£62 per sq foot).
The average size of a house on PRITCHARD STREET is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Herbert Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Herbert Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Herbert Street |
| Sep 2024 | Burglary | Under investigation | On or near Herbert Street |
| Sep 2024 | Burglary | Under investigation | On or near Herbert Street |