£70,689
This estimated value is based upon the latest sale price for the house of £13,000 on 1 Nov 1996. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £13,000 | 1 Nov 1996 |
| Terraced |
| Leasehold |
| Floor Area: 198 sq meters or 2,131 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 November 1996 the House Price Index for LANCASHIRE was 27.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 443.763%.Applying this 443.763% change to the original purchase price of £13,000 results in an estimated price of approximately £70,689.
| 1 Nov 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 148.6 | 443.763 % | £13,000 | £57,689 | £70,689 |
The Postcode Pricing Model uses changes in average sales price within the BB1 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 | 342.458 % | £44,519 | £57,519 |
| 3 Month Average | 367.074 % | £47,719 | £60,719 |
| 6 Month Average | 338.662 % | £44,026 | £57,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £54,477 | £54,000 | 16 DUNDEE DRIVE |
| 18 Jan 2022 | £110,503 | £105,000 | 44 WALTER STREET |
| 7 Dec 2021 | £128,565 | £120,000 | 61 DICKENS STREET |
| 1 Nov 2021 | £91,929 | £85,000 | 55 WALTER STREET |
| 18 Jan 2021 | £142,665 | £125,000 | 183 CHESTER CLOSE |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 25 Nov 2013. Using an estimated price of £70,689 means this house is valued at £357 per sq meter (£33 per sq foot).
The average size of a house on WALTER STREET is 93 sq meters (1,005 sq feet).
This house is the largest in the street with a floor area of 198 sq meters (2,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Cromwell Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chester Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Close |