£446,573
This estimated value is based upon the latest sale price for the house of £365,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £365,000 | 21 Feb 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 260 sq meters or 2,798 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 February 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £365,000 results in an estimated price of approximately £446,573.
| 21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £365,000 | £81,573 | £446,573 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | -31.960 % | £-116,654 | £248,345 |
| 3 Month Average | 3.561 % | £12,997 | £377,997 |
| 6 Month Average | 23.488 % | £85,730 | £450,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £157,377 | £156,000 | 17 PRAIRIE CRESCENT |
| 16 Aug 2023 | £153,846 | £152,500 | 7 PRAIRIE CRESCENT |
| 13 Apr 2023 | £181,959 | £180,000 | APARTMENT 2 OSBORNE GROVE, 367 COLNE ROAD |
| 15 Mar 2023 | £191,050 | £189,250 | 501 COLNE ROAD |
| 18 Jan 2023 | £263,758 | £265,000 | 6 HIGHFIELD AVENUE |
This house has a floor area of 260 sq meters or 2,798 sq feet when measured on 18 Sep 2019. Using an estimated price of £446,574 means this house is valued at £1,717 per sq meter (£159 per sq foot).
The average size of a house on COLNE ROAD is 138 sq meters (1,492 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Fifth Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |
| Feb 2024 | Drugs | Under investigation | On or near Fifth Avenue |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Prairie Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ivan Street |