£86,825
This estimated value is based upon the latest sale price for the house of £68,000 on 21 Sep 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £68,000 | 21 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2017 the House Price Index for LANCASHIRE was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £68,000 results in an estimated price of approximately £86,825.
| 21 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £68,000 | £18,825 | £86,825 |
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 | -4.512 % | £-3,068 | £64,931 |
| 3 Month Average | 25.566 % | £17,385 | £85,385 |
| 6 Month Average | 24.575 % | £16,710 | £84,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £90,045 | £88,000 | 11 TURNPIKE |
| 18 Oct 2023 | £166,788 | £163,000 | 5 ROSE MOUNT |
| 8 Sep 2023 | £194,283 | £190,000 | 1 GREENDALE AVENUE |
| 6 Apr 2023 | £101,906 | £100,000 | 94 BURNLEY ROAD EAST |
| 3 Feb 2023 | £55,370 | £55,000 | 22 BURNLEY ROAD EAST |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 24 Aug 2017. Using an estimated price of £86,826 means this house is valued at £1,099 per sq meter (£102 per sq foot).
The average size of a house on OLD STREET is 120 sq meters (1,297 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Street |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Chapel Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Turnpike |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Turnpike |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Naze Road |