£130,171
This estimated value is based upon the latest sale price for the house of £128,500 on 16 Nov 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £128,500 | 16 Nov 2023 |
| £106,000 | 9 Jun 2017 |
| £39,950 | 8 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2023 the House Price Index for LANCASHIRE was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £128,500 results in an estimated price of approximately £130,171.
| 16 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £128,500 | £1,671 | £130,171 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 64.708 % | £83,149 | £211,649 |
| 3 Month Average | 15.545 % | £19,975 | £148,475 |
| 6 Month Average | 7.338 % | £9,429 | £137,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £130,171 | £128,500 | 4 TIMBER STREET |
| 28 Jul 2023 | £242,241 | £239,950 | 7 HOLLY BANK |
| 31 Mar 2022 | £177,517 | £172,000 | 18 HOLLINS LANE |
| 18 Mar 2022 | £276,081 | £267,500 | 83 MANCHESTER ROAD |
| 8 Mar 2022 | £263,180 | £255,000 | 88 MANCHESTER ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Feb 2017. Using an estimated price of £130,171 means this house is valued at £1,205 per sq meter (£111 per sq foot).
There is one other house on the street which we know the size of, this is 7 TIMBER STREET it is 82.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Christ Church Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hill Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hill Street |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Bishop Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishop Street |