£248,849
This estimated value is based upon the latest sale price for the house of £190,000 on 27 Feb 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 27 Feb 2017 |
| Terraced |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 February 2017 the House Price Index for LANCASHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £190,000 results in an estimated price of approximately £248,849.
| 27 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £190,000 | £58,849 | £248,849 |
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 | -43.553 % | £-82,750 | £107,249 |
| 3 Month Average | 14.943 % | £28,392 | £218,392 |
| 6 Month Average | 24.349 % | £46,262 | £236,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £82,536 | £80,000 | 5 WHEATHOLME STREET |
| 6 Oct 2023 | £271,159 | £265,000 | 164 BACUP ROAD |
| 25 Nov 2022 | £238,883 | £240,000 | 160 BACUP ROAD |
| 31 Mar 2022 | £245,324 | £235,000 | 168 BACUP ROAD |
| 14 Jan 2022 | £180,234 | £170,000 | 232 BACUP ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 23 Feb 2017. Using an estimated price of £248,849 means this house is valued at £2,073 per sq meter (£192 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Lambton Gates | |
| Jun 2024 | Anti-social behaviour | On or near Lambton Gates | |
| May 2024 | Anti-social behaviour | On or near Lambton Gates | |
| May 2024 | Anti-social behaviour | On or near Lambton Gates | |
| May 2024 | Anti-social behaviour | On or near Lambton Gates |