£140,615
This estimated value is based upon the latest sale price for the house of £75,000 on 29 Apr 2005. 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 Back Lane
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Price Paid | Date |
---|---|
£75,000 | 29 Apr 2005 |
£29,000 | 29 Jun 2001 |
£37,500 | 15 Dec 2000 |
£12,000 | 30 Apr 1999 |
£7,500 | 20 Jan 1995 |
Terraced |
Leasehold |
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 April 2005 the House Price Index for LANCASHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £75,000 results in an estimated price of approximately £140,615.
29 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £75,000 | £65,615 | £140,615 |
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 | 24.870 % | £18,652 | £93,652 |
3 Month Average | 60.267 % | £45,200 | £120,200 |
6 Month Average | 66.551 % | £49,913 | £124,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £237,291 | £230,000 | 4 EAST PARADE |
17 Nov 2023 | £104,657 | £102,000 | APARTMENT 3 1 BACK LANE |
13 Nov 2023 | £128,256 | £125,000 | 42 NEWCHURCH ROAD |
31 Jan 2023 | £90,241 | £90,000 | 32 DAISY HILL |
30 Jun 2022 | £132,840 | £130,000 | 20 SOUTH STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Jul 2019. Using an estimated price of £140,616 means this house is valued at £1,779 per sq meter (£165 per sq foot).
There is one other house on the street which we know the size of, this is 16 BACK LANE it is 92.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Back Lane |
Jul 2024 | Anti-social behaviour | On or near Back Lane | |
Jun 2024 | Burglary | Under investigation | On or near Back Lane |
Apr 2024 | Shoplifting | Local resolution | On or near Back Lane |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bank Street |