£57,634
This estimated value is based upon the latest sale price for the house of £38,500 on 20 Jan 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £38,500 | 20 Jan 2015 |
| £20,000 | 11 May 2001 |
| £25,000 | 24 Feb 1995 |
| Freehold |
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 January 2015 the House Price Index for LANCASHIRE was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £38,500 results in an estimated price of approximately £57,634.
| 20 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £38,500 | £19,134 | £57,634 |
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 | 82.532 % | £31,774 | £70,274 |
| 3 Month Average | 54.912 % | £21,141 | £59,641 |
| 6 Month Average | 41.304 % | £15,902 | £54,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £115,114 | £112,500 | 16 VICTORIA STREET |
| 31 Aug 2023 | £158,865 | £156,000 | 8 COMMERCIAL STREET |
| 24 Feb 2023 | £108,726 | £108,000 | 324A UNION ROAD |
| 24 Feb 2023 | £125,841 | £125,000 | 343A UNION ROAD |
| 20 Jan 2023 | £100,268 | £100,000 | 316 UNION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Anti-social behaviour | On or near Peel Street | |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Peel Street |
| Jun 2024 | Anti-social behaviour | On or near Peel Street | |
| May 2024 | Anti-social behaviour | On or near Peel Street |