£242,968
This estimated value is based upon the latest sale price for the house of £170,000 on 13 Aug 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 13 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 August 2015 the House Price Index for LANCASHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £170,000 results in an estimated price of approximately £242,968.
| 13 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £170,000 | £72,968 | £242,968 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 30.037 % | £51,063 | £221,063 |
| 3 Month Average | 31.706 % | £53,899 | £223,899 |
| 6 Month Average | 30.728 % | £52,237 | £222,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £126,002 | £124,900 | 27 BOWLAND COURT |
| 9 Jun 2023 | £100,720 | £99,500 | 24 LOWERGATE |
| 9 Jun 2023 | £121,471 | £120,000 | 2 BOWLAND COURT |
| 22 Mar 2023 | £142,341 | £141,000 | 23 KING LANE |
| 17 Mar 2023 | £196,855 | £195,000 | 22 LOWERGATE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 20 Jun 2015. Using an estimated price of £242,969 means this house is valued at £4,417 per sq meter (£410 per sq foot).
The average size of a house on BOWLAND COURT is 57 sq meters (615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near King Lane |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near King Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near King Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near King Lane |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near King Lane |