£140,649
This estimated value is based upon the latest sale price for the house of £81,000 on 9 Dec 2011. 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 Scothern Close
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Price Paid | Date |
---|---|
£81,000 | 9 Dec 2011 |
£53,950 | 25 Apr 2003 |
£34,500 | 31 Jul 2000 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,016 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 December 2011 the House Price Index for LANCASHIRE was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £81,000 results in an estimated price of approximately £140,649.
9 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £81,000 | £59,649 | £140,649 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 63.868 % | £51,733 | £132,733 |
3 Month Average | 69.204 % | £56,055 | £137,055 |
6 Month Average | 55.686 % | £45,105 | £126,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £93,500 | £93,500 | 14 BANK STREET |
19 Mar 2024 | £95,467 | £94,000 | 16 STUART STREET |
20 Oct 2023 | £107,440 | £105,000 | 32 VALLEY ROAD |
16 Oct 2023 | £133,021 | £130,000 | 19 CRAVEN STREET |
24 Mar 2023 | £97,122 | £95,500 | 22 VALLEY ROAD |
This house has a floor area of 94 sq meters or 1,016 sq feet when measured on 23 Mar 2012. Using an estimated price of £140,649 means this house is valued at £1,488 per sq meter (£138 per sq foot).
The average size of a house on ETHEL STREET is 92 sq meters (993 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,016 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Burglary | Unable to prosecute suspect | On or near Scothern Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scothern Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scothern Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scothern Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Scothern Close |