£201,247
This estimated value is based upon the latest sale price for the house of £172,250 on 29 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £172,250 | 29 Oct 2020 |
| £50,000 | 4 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £172,250 results in an estimated price of approximately £201,247.
| 29 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £172,250 | £28,997 | £201,247 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 11.604 % | £19,988 | £192,238 |
| 3 Month Average | 14.047 % | £24,196 | £196,446 |
| 6 Month Average | 19.792 % | £34,091 | £206,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £251,529 | £249,999 | 26 HARGREAVES DRIVE |
| 30 Jun 2023 | £715,804 | £710,000 | HIGHFIELD, 93 HASLINGDEN ROAD |
| 14 Feb 2023 | £130,383 | £131,000 | 54 SCHOFIELD ROAD |
| 5 Aug 2022 | £243,356 | £245,000 | 9 CRAVEN STREET |
| 28 Jan 2022 | £169,278 | £161,500 | 11 GORDON STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Jan 2014. Using an estimated price of £201,248 means this house is valued at £2,547 per sq meter (£236 per sq foot).
The average size of a house on OAKLEY ROAD is 103 sq meters (1,109 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oakley Road |
| Jan 2024 | Violence and sexual offences | Offender given penalty notice | On or near Oakley Road |