£58,675
This estimated value is based upon the latest sale price for the house of £57,500 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £57,500 | 23 Jun 2023 |
| £62,000 | 25 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 926 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 June 2023 the House Price Index for LANCASHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £57,500 results in an estimated price of approximately £58,675.
| 23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £57,500 | £1,175 | £58,675 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | 93.410 % | £53,710 | £111,210 |
| 3 Month Average | 6.445 % | £3,705 | £61,205 |
| 6 Month Average | 0.845 % | £485 | £57,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £57,775 | £56,000 | 163 BANKSBARN |
| 20 Nov 2023 | £84,136 | £82,000 | 73 BEECHTREES |
| 17 Aug 2023 | £70,267 | £69,000 | 152 BANKSBARN |
| 23 Jun 2023 | £58,676 | £57,500 | 194 BANKSBARN |
| 9 Jun 2023 | £63,268 | £62,000 | 86 BEECHTREES |
This house has a floor area of 86 sq meters or 926 sq feet when measured on 23 Apr 2009. Using an estimated price of £58,676 means this house is valued at £681 per sq meter (£63 per sq foot).
The average size of a house on BANKSBARN is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Beechtrees | |
| Sep 2024 | Anti-social behaviour | On or near Beechtrees | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beechtrees |
| Sep 2024 | Anti-social behaviour | On or near Beechtrees | |
| Sep 2024 | Possession of weapons | Local resolution | On or near Beechtrees |