£287,675
This estimated value is based upon the latest sale price for the house of £265,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 27 Sep 2021 |
| £220,000 | 28 Jun 2013 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £265,000 results in an estimated price of approximately £287,675.
| 27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £265,000 | £22,675 | £287,675 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | -17.264 % | £-45,750 | £219,249 |
| 3 Month Average | 27.309 % | £72,369 | £337,369 |
| 6 Month Average | 2.805 % | £7,434 | £272,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £228,511 | £225,000 | 7 NEWBY CLOSE |
| 17 Nov 2023 | £202,644 | £197,500 | 3 VANDYCK AVENUE |
| 30 Sep 2022 | £424,716 | £425,000 | 16 VANDYCK AVENUE |
| 18 Jul 2022 | £725 | £718 | 413 MANCHESTER ROAD |
| 16 Jun 2022 | £176,268 | £172,500 | 3 ARNOLD CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 13 May 2013. Using an estimated price of £287,676 means this house is valued at £2,319 per sq meter (£215 per sq foot).
The average size of a house on MANCHESTER ROAD is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Arnold Close |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Calcott Street |
| Sep 2024 | Drugs | Local resolution | On or near Calcott Street |
| Sep 2024 | Anti-social behaviour | On or near Apex Close | |
| Sep 2024 | Anti-social behaviour | On or near Apex Close |