£156,770
This estimated value is based upon the latest sale price for the house of £100,000 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 14 Mar 2014 |
| £122,500 | 16 Apr 2004 |
| £112,000 | 2 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 2014 the House Price Index for LANCASHIRE was 94.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.771%.Applying this 56.771% change to the original purchase price of £100,000 results in an estimated price of approximately £156,770.
| 14 Mar 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.0 | 56.771 % | £100,000 | £56,770 | £156,770 |
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 | 89.671 % | £89,670 | £189,670 |
| 3 Month Average | 61.086 % | £61,085 | £161,085 |
| 6 Month Average | 47.893 % | £47,892 | £147,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £175,593 | £175,000 | 177 HOLLINS LANE |
| 20 Dec 2023 | £377,135 | £370,000 | 249 MANCHESTER ROAD |
| 16 Nov 2023 | £78,001 | £77,000 | 458 MANCHESTER ROAD |
| 3 Apr 2023 | £231,722 | £230,000 | 34 WOODFIELD AVENUE |
| 3 Apr 2023 | £302,246 | £300,000 | 6 NEWTON DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 21 Nov 2014. Using an estimated price of £156,771 means this house is valued at £1,866 per sq meter (£173 per sq foot).
The average size of a house on MANCHESTER ROAD is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hilltop Mews |
| Apr 2024 | Anti-social behaviour | On or near Hilltop Mews | |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Newton Drive |
| Mar 2024 | Anti-social behaviour | On or near Newton Drive | |
| Mar 2024 | Anti-social behaviour | On or near Newton Drive |