£42,610
This estimated value is based upon the latest sale price for the house of £13,000 on 11 Sep 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £13,000 | 11 Sep 2001 |
| Terraced |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 September 2001 the House Price Index for LANCASHIRE was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £13,000 results in an estimated price of approximately £42,610.
| 11 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £13,000 | £29,610 | £42,610 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | 95.103 % | £12,363 | £25,363 |
| 3 Month Average | 168.048 % | £21,846 | £34,846 |
| 6 Month Average | 200.123 % | £26,015 | £39,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £119,610 | £118,000 | 384 COLNE ROAD |
| 30 Aug 2022 | £54,852 | £55,000 | 249 COLNE ROAD |
| 1 Jul 2022 | £65,175 | £65,000 | 31 HOLMBY STREET |
| 21 Oct 2021 | £851,988 | £770,000 | 422 COLNE ROAD |
| 17 Apr 2020 | £131,351 | £107,000 | 438 COLNE ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 9 Jan 2015. Using an estimated price of £42,610 means this house is valued at £443 per sq meter (£41 per sq foot).
The average size of a house on COLNE ROAD is 138 sq meters (1,492 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosebery Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosebery Street |