£329,393
This estimated value is based upon the latest sale price for the house of £184,000 on 24 Feb 2006. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £184,000 | 24 Feb 2006 |
| £76,500 | 24 Jul 1997 |
| Semi-Detached |
| Freehold |
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 2006 the House Price Index for LANCASHIRE was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £184,000 results in an estimated price of approximately £329,393.
| 24 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £184,000 | £145,393 | £329,393 |
The Postcode Pricing Model uses changes in average sales price within the BB8 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 | 62.892 % | £115,721 | £299,721 |
| 3 Month Average | 40.434 % | £74,398 | £258,398 |
| 6 Month Average | 46.367 % | £85,316 | £269,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £250,694 | £245,000 | 4 ALMA AVENUE |
| 25 Aug 2023 | £394,108 | £387,000 | 42 ALMA AVENUE |
| 13 Apr 2023 | £356,671 | £350,000 | 16 SYCAMORE RISE |
| 20 Sep 2022 | £189,873 | £190,000 | 13 BURWAINS AVENUE |
| 14 Jan 2022 | £106,020 | £100,000 | 12 WILSON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Alma Avenue | |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Cromwell Street |
| Aug 2024 | Vehicle crime | Under investigation | On or near Warehouse Lane |
| Sep 2024 | Anti-social behaviour | On or near Railway Street | |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Railway Street |