£195,484
This estimated value is based upon the latest sale price for the house of £114,000 on 20 Jul 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 20 Jul 2012 |
| Terraced |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 July 2012 the House Price Index for LANCASHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £114,000 results in an estimated price of approximately £195,484.
| 20 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £114,000 | £81,484 | £195,484 |
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 | 41.378 % | £47,170 | £161,170 |
| 3 Month Average | 49.897 % | £56,882 | £170,882 |
| 6 Month Average | 47.551 % | £54,207 | £168,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £244,408 | £240,000 | 5 HEANING AVENUE |
| 28 Feb 2023 | £171,143 | £170,000 | 6 BIRKETT ROAD |
| 29 Apr 2022 | £188,292 | £181,500 | 261 BURNLEY ROAD |
| 4 Mar 2022 | £199,391 | £191,000 | 275 BURNLEY ROAD |
| 18 Feb 2022 | £211,291 | £200,000 | 15 BIRKETT ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Oct 2013. Using an estimated price of £195,485 means this house is valued at £2,572 per sq meter (£238 per sq foot).
The average size of a house on BALMORAL ROAD is 102 sq meters (1,099 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balmoral Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hatfield Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Carlisle Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Heaning Avenue |
| Jul 2024 | Anti-social behaviour | On or near Heaning Avenue |