£153,820
This estimated value is based upon the latest sale price for the house of £125,000 on 20 Aug 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 20 Aug 2019 |
| Terraced |
| Leasehold |
| Floor Area: 146 sq meters or 1,571 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 August 2019 the House Price Index for LANCASHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £125,000 results in an estimated price of approximately £153,820.
| 20 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £125,000 | £28,820 | £153,820 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 48.647 % | £60,808 | £185,808 |
| 3 Month Average | 17.824 % | £22,279 | £147,279 |
| 6 Month Average | 22.090 % | £27,612 | £152,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £86,941 | £87,000 | 37 CARTER STREET |
| 8 Jul 2022 | £100,270 | £100,000 | 6 OLIVANT STREET |
| 20 May 2022 | £58,604 | £57,500 | 29 CARTER STREET |
| 31 Jan 2022 | £129,446 | £123,000 | 3 OLIVANT STREET |
| 31 Jan 2022 | £78,931 | £75,000 | 12 OLIVANT STREET |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 25 Apr 2018. Using an estimated price of £153,821 means this house is valued at £1,053 per sq meter (£97 per sq foot).
The average size of a house on PADIHAM ROAD is 116 sq meters (1,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beatrice Avenue |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Beatrice Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beatrice Avenue |
| Feb 2024 | Anti-social behaviour | On or near Brunel Street | |
| Feb 2024 | Anti-social behaviour | On or near Brunel Street |