£518,920
This estimated value is based upon the latest sale price for the house of £420,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £420,000 | 22 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 268 sq meters or 2,884 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 November 2019 the House Price Index for LANCASHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £420,000 results in an estimated price of approximately £518,920.
| 22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £420,000 | £98,920 | £518,920 |
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 | -12.766 % | £-53,616 | £366,383 |
| 3 Month Average | 15.100 % | £63,420 | £483,420 |
| 6 Month Average | 18.569 % | £77,987 | £497,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £348,352 | £343,000 | 4 CRAWSHAW DRIVE |
| 13 Dec 2023 | £438,473 | £425,000 | 5 HALL CLOSE |
| 18 Oct 2023 | £340,227 | £332,500 | 7 SUNNYSIDE CLOSE |
| 6 Sep 2023 | £414,129 | £405,000 | REEDS FARM COTTAGE REEDS LANE |
| 11 Aug 2023 | £402,255 | £395,000 | 25 ACREFIELD DRIVE |
This house has a floor area of 268 sq meters or 2,884 sq feet when measured on 28 Jun 2019. Using an estimated price of £518,920 means this house is valued at £1,936 per sq meter (£179 per sq foot).
There is one other house on the street which we know the size of, this is 8 SHORT CLOUGH CLOSE it is 151.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Stables Close |
| Jul 2024 | Anti-social behaviour | On or near Reeds Close | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crawshaw Grange |
| Jul 2024 | Anti-social behaviour | On or near Forest Bank Road | |
| Jul 2024 | Anti-social behaviour | On or near Forest Bank Road |