£88,876
This estimated value is based upon the latest sale price for the house of £73,500 on 1 Jul 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Chestnut Rise
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| Price Paid | Date |
|---|---|
| £73,500 | 1 Jul 2020 |
| £77,393 | 14 Jul 2006 |
| £70,000 | 5 Sep 2003 |
| Terraced |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 July 2020 the House Price Index for LANCASHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £73,500 results in an estimated price of approximately £88,876.
| 1 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £73,500 | £15,376 | £88,876 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | -34.569 % | £-25,407 | £48,092 |
| 3 Month Average | 16.476 % | £12,110 | £85,610 |
| 6 Month Average | 34.219 % | £25,151 | £98,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £95,838 | £95,000 | 9 THE BUNGALOWS |
| 10 Aug 2023 | £166,456 | £165,000 | 3 MOUNT ROAD |
| 10 Jul 2023 | £149,005 | £147,000 | 157 MANCHESTER ROAD |
| 9 Jun 2023 | £163,986 | £162,000 | 32 CLEVELANDS ROAD |
| 27 Apr 2023 | £244,634 | £242,000 | 1 HEALEY COURT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Jul 2017. Using an estimated price of £88,876 means this house is valued at £1,307 per sq meter (£121 per sq foot).
The average size of a house on CHESTNUT RISE is 62 sq meters (677 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Chestnut Rise |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |