£116,963
This estimated value is based upon the latest sale price for the house of £92,000 on 5 Oct 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near Sydney Street
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| Price Paid | Date |
|---|---|
| £92,000 | 5 Oct 2017 |
| £70,000 | 31 Jul 2014 |
| £21,000 | 23 Oct 1997 |
| Terraced |
| Leasehold |
| Floor Area: 125 sq meters or 1,349 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 October 2017 the House Price Index for LANCASHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £92,000 results in an estimated price of approximately £116,963.
| 5 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £92,000 | £24,963 | £116,963 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 24.856 % | £22,867 | £114,867 |
| 3 Month Average | 36.163 % | £33,269 | £125,269 |
| 6 Month Average | 30.518 % | £28,076 | £120,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £131,139 | £130,000 | 51 AVENUE PARADE |
| 27 Mar 2024 | £45,702 | £45,000 | 5 WASHINGTON STREET |
| 31 Oct 2023 | £112,556 | £110,000 | 18 WATER STREET |
| 3 Apr 2023 | £5,095 | £5,000 | 3 WATER STREET |
| 10 Feb 2023 | £122,820 | £122,000 | 71 AVENUE PARADE |
This house has a floor area of 125 sq meters or 1,349 sq feet when measured on 1 Jul 2011. Using an estimated price of £116,963 means this house is valued at £933 per sq meter (£86 per sq foot).
The average size of a house on AVENUE PARADE is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Sydney Street |
| Jul 2024 | Burglary | Awaiting court outcome | On or near Sydney Street |
| May 2024 | Drugs | Under investigation | On or near Sydney Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Street |
| Jul 2024 | Anti-social behaviour | On or near Park Street |