£75,416
This estimated value is based upon the latest sale price for the house of £50,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£50,000 | 21 Nov 2014 |
£94,000 | 13 May 2008 |
£26,500 | 20 Dec 2004 |
£13,000 | 22 Jan 2002 |
Terraced |
Leasehold |
Floor Area: 128 sq meters or 1,377 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 2014 the House Price Index for LANCASHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £50,000 results in an estimated price of approximately £75,416.
21 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £50,000 | £25,416 | £75,416 |
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 | 31.490 % | £15,745 | £65,745 |
3 Month Average | 16.126 % | £8,063 | £58,063 |
6 Month Average | 38.058 % | £19,029 | £69,029 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2023 | £100,672 | £100,000 | 44 LISTER STREET |
17 Jun 2022 | £110,359 | £108,000 | 318 BLACKBURN ROAD |
3 Mar 2022 | £140,931 | £135,000 | 359 BLACKBURN ROAD |
10 Feb 2022 | £90,855 | £86,000 | 9 WHEAT STREET |
29 Jun 2021 | £109,168 | £101,000 | 381 BLACKBURN ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 4 Mar 2015. Using an estimated price of £75,416 means this house is valued at £589 per sq meter (£54 per sq foot).
The average size of a house on BLACKBURN ROAD is 121 sq meters (1,302 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Shuttle Close | |
Jul 2024 | Anti-social behaviour | On or near Shuttle Close | |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Shuttle Close |
Jul 2024 | Anti-social behaviour | On or near Shuttle Close | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shuttle Close |