£82,082
This estimated value is based upon the latest sale price for the house of £79,999 on 2 Nov 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near Herbert Street
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| Price Paid | Date |
|---|---|
| £79,999 | 2 Nov 2023 |
| £46,000 | 18 Aug 2023 |
| £22,500 | 25 May 2016 |
| £22,950 | 22 Jul 2015 |
| £22,500 | 23 Feb 2015 |
| £19,000 | 22 Apr 2004 |
| £24,000 | 6 Dec 2002 |
| £6,500 | 7 Nov 2002 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 622 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 November 2023 the House Price Index for LANCASHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £79,999 results in an estimated price of approximately £82,082.
| 2 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £79,999 | £2,083 | £82,082 |
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 | 8.942 % | £7,153 | £87,152 |
| 3 Month Average | 1.184 % | £946 | £80,945 |
| 6 Month Average | 2.322 % | £1,857 | £81,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £39,950 | £39,950 | 20 PRITCHARD STREET |
| 19 Mar 2024 | £68,553 | £67,500 | 1 HERBERT 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 57 sq meters or 622 sq feet when measured on 3 Jul 2009. Using an estimated price of £82,083 means this house is valued at £1,419 per sq meter (£131 per sq foot).
The average size of a house on PRITCHARD STREET is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Herbert Street |
| Sep 2024 | Burglary | Under investigation | On or near Herbert Street |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Herbert Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Herbert Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Herbert Street |