£49,359
This estimated value is based upon the latest sale price for the house of £39,950 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £39,950 | 1 Nov 2019 |
| £18,000 | 29 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 409 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 2019 the House Price Index for LANCASHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £39,950 results in an estimated price of approximately £49,359.
| 1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £39,950 | £9,409 | £49,359 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | 44.722 % | £17,866 | £57,816 |
| 3 Month Average | 27.852 % | £11,127 | £51,077 |
| 6 Month Average | 31.460 % | £12,568 | £52,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £139,209 | £138,000 | 12 DELPH MOUNT |
| 29 Mar 2023 | £122,038 | £120,000 | 5 HILL PLACE |
| 7 Oct 2022 | £79,734 | £80,000 | 167 HIBSON ROAD |
| 6 Apr 2022 | £80,919 | £78,000 | 183 HIBSON ROAD |
| 15 Mar 2022 | £125,272 | £120,000 | 44 HALIFAX ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 30 May 2019. Using an estimated price of £49,359 means this house is valued at £1,298 per sq meter (£120 per sq foot).
The average size of a house on HIBSON ROAD is 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Place |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill Place |