£90,216
This estimated value is based upon the latest sale price for the house of £73,000 on 17 Dec 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £73,000 | 17 Dec 2019 |
| £65,000 | 30 May 2008 |
| £27,000 | 23 May 2003 |
| £18,000 | 3 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £73,000 results in an estimated price of approximately £90,216.
| 17 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £73,000 | £17,216 | £90,216 |
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 | 61.665 % | £45,015 | £118,015 |
| 3 Month Average | 35.417 % | £25,854 | £98,854 |
| 6 Month Average | 28.246 % | £20,619 | £93,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £131,847 | £128,500 | 4 TIMBER STREET |
| 13 Sep 2023 | £102,254 | £100,000 | GRIFFIN WORKS CLEMENT STREET |
| 14 Apr 2023 | £96,811 | £95,000 | 18 RUSSELL STREET |
| 6 Jun 2022 | £75,616 | £74,000 | 13 RUSSELL STREET |
| 17 Dec 2021 | £70,155 | £65,000 | 7 BISHOP STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Aug 2019. Using an estimated price of £90,217 means this house is valued at £1,049 per sq meter (£97 per sq foot).
The average size of a house on RUSSELL STREET is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Russell Street | |
| May 2024 | Anti-social behaviour | On or near Russell Street | |
| May 2024 | Anti-social behaviour | On or near Russell Street | |
| Jul 2024 | Anti-social behaviour | On or near Bishop Street | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Bishop Street |