£49,101
This estimated value is based upon the latest sale price for the house of £35,000 on 25 Nov 2015. 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 |
|---|---|
| £35,000 | 25 Nov 2015 |
| £31,000 | 9 Sep 2003 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 November 2015 the House Price Index for LANCASHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £35,000 results in an estimated price of approximately £49,101.
| 25 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £35,000 | £14,101 | £49,101 |
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 | 140.519 % | £49,181 | £84,181 |
| 3 Month Average | 61.188 % | £21,415 | £56,415 |
| 6 Month Average | 46.159 % | £16,155 | £51,155 |
| 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 |
| 13 Oct 2022 | £29,900 | £30,000 | 66 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 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 25 Sep 2015. Using an estimated price of £49,101 means this house is valued at £629 per sq meter (£58 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 |