£155,831
This estimated value is based upon the latest sale price for the house of £152,500 on 30 Jun 2022. 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 Sweetclough Drive
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| Price Paid | Date |
|---|---|
| £152,500 | 30 Jun 2022 |
| £110,000 | 29 Sep 2017 |
| £32,500 | 4 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 719 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 June 2022 the House Price Index for LANCASHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £152,500 results in an estimated price of approximately £155,831.
| 30 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £152,500 | £3,331 | £155,831 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 5.730 % | £8,738 | £161,238 |
| 3 Month Average | -3.399 % | £-5,183 | £147,316 |
| 6 Month Average | 1.904 % | £2,903 | £155,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £89,275 | £88,500 | 317 LOWERHOUSE LANE |
| 21 Dec 2023 | £201,182 | £195,000 | 6 GREENBROOK ROAD |
| 6 Oct 2023 | £153,486 | £150,000 | 16 LOWERHOUSE FOLD |
| 14 Sep 2023 | £171,787 | £168,000 | 8 LOWERHOUSE FOLD |
| 25 Aug 2023 | £133,406 | £131,000 | 274 LOWERHOUSE LANE |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 28 Mar 2012. Using an estimated price of £155,831 means this house is valued at £2,332 per sq meter (£216 per sq foot).
The average size of a house on LOWERHOUSE LANE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Sweetclough Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sweetclough Drive |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Sweetclough Drive |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Holyoake Street |
| Oct 2024 | Burglary | Under investigation | On or near Holyoake Street |