£159,731
This estimated value is based upon the latest sale price for the house of £87,000 on 7 Oct 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £87,000 | 7 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 872 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 2005 the House Price Index for LANCASHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £87,000 results in an estimated price of approximately £159,731.
| 7 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £87,000 | £72,731 | £159,731 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 71.460 % | £62,170 | £149,170 |
| 3 Month Average | 74.633 % | £64,930 | £151,930 |
| 6 Month Average | 62.304 % | £54,204 | £141,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £93,500 | £93,500 | 14 BANK STREET |
| 23 Nov 2023 | £225,730 | £220,000 | 36 WELLHOUSE SQUARE |
| 25 Aug 2023 | £122,204 | £120,000 | 13 WELLHOUSE STREET |
| 9 Mar 2023 | £89,444 | £87,950 | 15 HILL STREET |
| 24 Feb 2023 | £130,874 | £130,000 | 4 RAILWAY STREET |
This house has a floor area of 81 sq meters or 872 sq feet when measured on 17 Mar 2012. Using an estimated price of £159,732 means this house is valued at £1,971 per sq meter (£183 per sq foot).
The average size of a house on HILL STREET is 57 sq meters (616 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Hill Street |
| Sep 2024 | Public order | Under investigation | On or near Hill Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hill Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Street |
| Aug 2024 | Anti-social behaviour | On or near Earl Street |