£392,678
This estimated value is based upon the latest sale price for the house of £94,000 on 15 Oct 1999. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £94,000 | 15 Oct 1999 |
| Detached |
| Freehold |
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 1999 the House Price Index for LANCASHIRE was 35.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 317.743%.Applying this 317.743% change to the original purchase price of £94,000 results in an estimated price of approximately £392,678.
| 15 Oct 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 149.7 | 317.743 % | £94,000 | £298,678 | £392,678 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 261.822 % | £246,112 | £340,112 |
| 3 Month Average | 241.771 % | £227,264 | £321,264 |
| 6 Month Average | 238.001 % | £223,721 | £317,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £226,974 | £220,000 | 33 DEER PARK |
| 5 Oct 2023 | £212,834 | £208,000 | 41 DEER PARK |
| 27 Jan 2023 | £169,453 | £169,000 | 5 WESSEX CLOSE |
| 3 Dec 2021 | £180,244 | £167,000 | 432 BURNLEY ROAD |
| 22 Oct 2021 | £124,286 | £111,500 | 496 BURNLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loweswater Close |