£144,887
This estimated value is based upon the latest sale price for the house of £144,500 on 31 Jan 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £144,500 | 31 Jan 2023 |
| £112,500 | 27 Mar 2014 |
| £61,950 | 21 Mar 2003 |
| £49,995 | 8 May 2000 |
| £45,000 | 12 Jul 1996 |
| £42,950 | 31 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 January 2023 the House Price Index for LANCASHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £144,500 results in an estimated price of approximately £144,887.
| 31 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £144,500 | £387 | £144,887 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 2.012 % | £2,907 | £147,407 |
| 3 Month Average | -14.701 % | £-21,242 | £123,257 |
| 6 Month Average | -8.012 % | £-11,576 | £132,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £147,663 | £145,000 | 61 COLTHIRST DRIVE |
| 18 Aug 2023 | £315,694 | £310,000 | 109 CHATBURN ROAD |
| 31 Jan 2023 | £144,887 | £144,500 | 23 COLTHIRST DRIVE |
| 18 Oct 2022 | £289,035 | £290,000 | 105 CHATBURN ROAD |
| 20 Jun 2022 | £185,975 | £182,000 | 59 COLTHIRST DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Sep 2013. Using an estimated price of £144,887 means this house is valued at £2,498 per sq meter (£232 per sq foot).
The average size of a house on COLTHIRST DRIVE is 57 sq meters (615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatburn Road |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kiln Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorland Avenue |
| Aug 2024 | Anti-social behaviour | On or near Chatburn Park Drive |