£48,057
This estimated value is based upon the latest sale price for the house of £39,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £39,000 | 15 May 2020 |
| £65,000 | 23 May 2008 |
| £17,000 | 1 Jul 1996 |
| Terraced |
| Leasehold |
| Floor Area: 82 sq meters or 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 May 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £39,000 results in an estimated price of approximately £48,057.
| 15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £39,000 | £9,057 | £48,057 |
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 | 250.036 % | £97,513 | £136,513 |
| 3 Month Average | 67.603 % | £26,365 | £65,365 |
| 6 Month Average | 37.151 % | £14,488 | £53,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £76,691 | £75,000 | 44 DERBY STREET |
| 23 Jun 2023 | £57,145 | £56,000 | 31 HOOD STREET |
| 20 Apr 2023 | £54,010 | £53,000 | 19 MEADOW STREET |
| 29 Mar 2023 | £54,917 | £54,000 | 6 DERBY STREET |
| 4 Oct 2022 | £52,824 | £53,000 | 22 MEADOW STREET |
This house has a floor area of 82 sq meters or 884 sq feet when measured on 14 Oct 2010. Using an estimated price of £48,057 means this house is valued at £584 per sq meter (£54 per sq foot).
The average size of a house on DERBY STREET is 66 sq meters (717 sq feet).
This house is the largest in the street with a floor area of 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derby Street |
| Jul 2024 | Other crime | Under investigation | On or near Derby Street |
| Jul 2024 | Other theft | Under investigation | On or near Derby Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derby Street |
| Jul 2024 | Public order | Under investigation | On or near Derby Street |