£73,941
This estimated value is based upon the latest sale price for the house of £40,500 on 4 May 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £40,500 | 4 May 2005 |
| Terraced |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 May 2005 the House Price Index for LANCASHIRE was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.571%.Applying this 82.571% change to the original purchase price of £40,500 results in an estimated price of approximately £73,941.
| 4 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.571 % | £40,500 | £33,441 | £73,941 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | 85.948 % | £34,809 | £75,309 |
| 3 Month Average | 76.293 % | £30,898 | £71,398 |
| 6 Month Average | 112.857 % | £45,706 | £86,206 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Apr 2015.
The average size of a house on SPRING STREET is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Spring Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rupert Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rupert Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rupert Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Farrer Street |