£76,099
This estimated value is based upon the latest sale price for the house of £62,999 on 7 Aug 2020. 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 Herbert Street
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| Price Paid | Date |
|---|---|
| £62,999 | 7 Aug 2020 |
| £35,000 | 14 Feb 2020 |
| £32,000 | 17 Jan 2020 |
| £29,000 | 15 Jun 2005 |
| £17,500 | 25 Apr 1997 |
| Terraced |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £62,999 results in an estimated price of approximately £76,099.
| 7 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £62,999 | £13,100 | £76,099 |
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 | -65.772 % | £-41,435 | £21,563 |
| 3 Month Average | 21.043 % | £13,256 | £76,255 |
| 6 Month Average | 37.295 % | £23,495 | £86,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £68,553 | £67,500 | 1 HERBERT STREET |
| 14 Dec 2023 | £105,749 | £102,500 | 91 ALBION STREET |
| 2 Nov 2023 | £82,083 | £79,999 | 18 PRITCHARD STREET |
| 24 Oct 2023 | £58,325 | £57,000 | 9 HERBERT STREET |
| 13 Oct 2023 | £40,930 | £40,000 | 23 HERBERT STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 2 May 2013. Using an estimated price of £76,099 means this house is valued at £939 per sq meter (£87 per sq foot).
The average size of a house on HERBERT STREET is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Unable to prosecute suspect | On or near Herbert Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Herbert Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Herbert Street |
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Herbert Street |
| Sep 2024 | Criminal damage and arson | Local resolution | On or near Herbert Street |