£293,904
This estimated value is based upon the latest sale price for the house of £89,950 on 31 Oct 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £89,950 | 31 Oct 2001 |
| Detached |
| Leasehold |
| Floor Area: 397 sq meters or 4,273 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 October 2001 the House Price Index for LANCASHIRE was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £89,950 results in an estimated price of approximately £293,904.
| 31 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £89,950 | £203,954 | £293,904 |
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 | 189.917 % | £170,830 | £260,780 |
| 3 Month Average | 197.190 % | £177,372 | £267,322 |
| 6 Month Average | 189.775 % | £170,702 | £260,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £435,900 | £426,000 | BURNLEY LANE BAPTIST CHURCH COLNE ROAD |
| 17 Apr 2023 | £96,811 | £95,000 | 4 HEBREW ROAD |
| 25 Jan 2023 | £55,147 | £55,000 | 2 DEVONSHIRE ROAD |
| 4 Mar 2022 | £36,538 | £35,000 | 16 BOND STREET |
| 27 Aug 2020 | £36,238 | £30,000 | 14 HEBREW ROAD |
This house has a floor area of 397 sq meters or 4,273 sq feet when measured on 20 Aug 2014. Using an estimated price of £293,905 means this house is valued at £740 per sq meter (£68 per sq foot).
The average size of a house on COLNE ROAD is 138 sq meters (1,492 sq feet).
This house is the largest in the street with a floor area of 397 sq meters (4,273 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Oct 2024 | Possession of weapons | Under investigation | On or near Brief Street |
| Oct 2024 | Anti-social behaviour | On or near Brief Street |