£242,958
This estimated value is based upon the latest sale price for the house of £215,000 on 21 May 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£215,000 | 21 May 2021 |
£179,950 | 25 Nov 2016 |
Semi-Detached |
Leasehold |
Floor Area: 106 sq meters or 1,140 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 2021 the House Price Index for LANCASHIRE was 131.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.004%.Applying this 13.004% change to the original purchase price of £215,000 results in an estimated price of approximately £242,958.
21 May 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.5 | 148.6 | 13.004 % | £215,000 | £27,958 | £242,958 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 86.006 % | £184,912 | £399,912 |
3 Month Average | 70.734 % | £152,078 | £367,078 |
6 Month Average | -2.182 % | £-4,690 | £210,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £12,653 | £12,500 | FALLBARN GARAGE FALLBARN CRESCENT |
25 Nov 2022 | £237,128 | £240,000 | 160 BACUP ROAD |
10 Jun 2022 | £196,781 | £194,000 | 12 GREENBANK STREET |
14 Apr 2022 | £128,725 | £125,000 | 24 GREENBANK STREET |
31 Mar 2022 | £243,522 | £235,000 | 168 BACUP ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 29 Sep 2016. Using an estimated price of £242,958 means this house is valued at £2,292 per sq meter (£212 per sq foot).
The average size of a house on CO-OPERATION STREET is 316 sq meters (3,408 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Co-Operation Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Co-Operation Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Co-Operation Street |
Jan 2024 | Anti-social behaviour | On or near Co-Operation Street | |
Jan 2024 | Anti-social behaviour | On or near Co-Operation Street |