£139,671
This estimated value is based upon the latest sale price for the house of £110,000 on 17 Jul 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 17 Jul 2017 |
| £80,000 | 21 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,036 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 2017 the House Price Index for LANCASHIRE was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £110,000 results in an estimated price of approximately £139,671.
| 17 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £110,000 | £29,671 | £139,671 |
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 | 30.050 % | £33,055 | £143,055 |
| 3 Month Average | 32.721 % | £35,993 | £145,993 |
| 6 Month Average | 14.602 % | £16,062 | £126,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £418,963 | £415,000 | 145 NEWCHURCH ROAD |
| 30 Jun 2023 | £463,760 | £460,000 | 99 NEWCHURCH ROAD |
| 25 Nov 2022 | £236,170 | £240,000 | 160 BACUP ROAD |
| 27 Jun 2022 | £161,638 | £160,000 | 1 EASTWOOD CRESCENT |
| 31 Mar 2022 | £242,538 | £235,000 | 168 BACUP ROAD |
This house has a floor area of 96 sq meters or 1,036 sq feet when measured on 19 Feb 2009. Using an estimated price of £139,672 means this house is valued at £1,451 per sq meter (£134 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Victoria Way | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Victoria Way |
| Mar 2024 | Anti-social behaviour | On or near Victoria Way | |
| Jan 2024 | Drugs | Under investigation | On or near Victoria Way |
| Feb 2024 | Anti-social behaviour | On or near Eastwood Crescent |