£231,616
This estimated value is based upon the latest sale price for the house of £200,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£200,000 | 30 Oct 2020 |
£190,000 | 18 Feb 2020 |
£175,000 | 29 Aug 2018 |
£154,000 | 23 Sep 2016 |
£56,500 | 2 Jun 1995 |
Freehold |
Floor Area: 62 sq meters or 667 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 October 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £200,000 results in an estimated price of approximately £231,616.
30 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 146.7 | 15.808 % | £200,000 | £31,616 | £231,616 |
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 | -10.418 % | £-20,836 | £179,163 |
3 Month Average | 10.810 % | £21,619 | £221,619 |
6 Month Average | 23.547 % | £47,093 | £247,093 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2022 | £259,302 | £260,000 | 220 BURY ROAD |
16 Jul 2021 | £204,569 | £178,000 | 4 SALLY BARN COTTAGES HOLME LANE |
30 Oct 2020 | £234,617 | £200,000 | 2 LOWER CLOWES |
27 Aug 2020 | £231,420 | £193,000 | 19 HOLMESWOOD PARK |
19 Dec 2018 | £308,395 | £250,000 | 235 BURY ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Jan 2015. Using an estimated price of £234,617 means this house is valued at £3,784 per sq meter (£351 per sq foot).
The average size of a house on LOWER CLOWES is 153 sq meters (1,656 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near Sports/Recreation Area |
Mar 2024 | Anti-social behaviour | On or near Bury Road | |
Mar 2024 | Other theft | Under investigation | On or near Bury Road |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bury Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holmeswood Park |