£243,751
This estimated value is based upon the latest sale price for the house of £185,000 on 16 Nov 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 16 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2016 the House Price Index for LANCASHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £185,000 results in an estimated price of approximately £243,751.
| 16 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £185,000 | £58,751 | £243,751 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 40.764 % | £75,414 | £260,414 |
| 3 Month Average | 37.078 % | £68,593 | £253,593 |
| 6 Month Average | 36.509 % | £67,542 | £252,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £148,600 | £146,000 | 28 MARGARET STREET |
| 20 Sep 2023 | £129,151 | £127,500 | 18 MARGARET STREET |
| 11 Sep 2023 | £133,710 | £132,000 | 4 ALEXANDRIA STREET |
| 14 Aug 2023 | £142,749 | £141,500 | 12 MARGARET STREET |
| 23 Jun 2023 | £116,410 | £115,000 | 4 MARGARET STREET |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 15 Nov 2014. Using an estimated price of £243,752 means this house is valued at £1,860 per sq meter (£172 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Holland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alexandria Street |
| Feb 2024 | Anti-social behaviour | On or near Alexandria Street | |
| Feb 2024 | Anti-social behaviour | On or near Alexandria Street | |
| Mar 2024 | Anti-social behaviour | On or near Hobson Street |