£541,457
This estimated value is based upon the latest sale price for the house of £317,500 on 11 May 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £317,500 | 11 May 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 182 sq meters or 1,967 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 May 2012 the House Price Index for LANCASHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £317,500 results in an estimated price of approximately £541,457.
| 11 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £317,500 | £223,957 | £541,457 |
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 | 75.783 % | £240,610 | £558,110 |
| 3 Month Average | 34.740 % | £110,300 | £427,800 |
| 6 Month Average | 39.098 % | £124,134 | £441,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £175,000 | £175,000 | 177 HOLLINS LANE |
| 20 Dec 2023 | £376,589 | £370,000 | 249 MANCHESTER ROAD |
| 16 Nov 2023 | £78,157 | £77,000 | 458 MANCHESTER ROAD |
| 3 Apr 2023 | £303,265 | £300,000 | 6 NEWTON DRIVE |
| 3 Apr 2023 | £232,503 | £230,000 | 34 WOODFIELD AVENUE |
This house has a floor area of 182 sq meters or 1,967 sq feet when measured on 16 Dec 2011. Using an estimated price of £541,457 means this house is valued at £2,962 per sq meter (£275 per sq foot).
The average size of a house on MANCHESTER ROAD is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Newton Drive | |
| Mar 2024 | Anti-social behaviour | On or near Newton Drive | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Newton Drive |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Newton Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haworth Avenue |