£54,263
This estimated value is based upon the latest sale price for the house of £15,675 on 16 Apr 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£15,675 | 16 Apr 2001 |
Semi-Detached |
Freehold |
Floor Area: 146 sq meters or 1,581 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 April 2001 the House Price Index for LANCASHIRE was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £15,675 results in an estimated price of approximately £54,263.
16 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 148.6 | 246.176 % | £15,675 | £38,588 | £54,263 |
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 | 406.134 % | £63,661 | £79,336 |
3 Month Average | 273.758 % | £42,911 | £58,586 |
6 Month Average | 265.541 % | £41,623 | £57,298 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £238,531 | £235,000 | 23 OLD HALL DRIVE |
21 Aug 2023 | £201,765 | £200,000 | 26 HIGHERGATE CLOSE |
10 Feb 2023 | £159,892 | £160,000 | 37 TOWNELEY AVENUE |
22 Aug 2022 | £164,557 | £165,000 | 20 LOWERGATE ROAD |
14 Dec 2021 | £146,779 | £137,000 | 13 BURNLEY LANE |
This house has a floor area of 146 sq meters or 1,581 sq feet when measured on 28 Jan 2009. Using an estimated price of £54,263 means this house is valued at £369 per sq meter (£34 per sq foot).
The average size of a house on TOWNELEY AVENUE is 109 sq meters (1,177 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,581 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Unable to prosecute suspect | On or near Towneley Avenue |
Jan 2024 | Anti-social behaviour | On or near Lower Gate Road | |
Jan 2024 | Anti-social behaviour | On or near Lower Gate Road | |
Jan 2024 | Anti-social behaviour | On or near Lower Gate Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Higher Gate Road |