£245,776
This estimated value is based upon the latest sale price for the house of £230,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 25 Jun 2021 |
| £42,750 | 22 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 719 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 June 2021 the House Price Index for LANCASHIRE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £230,000 results in an estimated price of approximately £245,776.
| 25 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £230,000 | £15,776 | £245,776 |
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 | -4.075 % | £-9,371 | £220,628 |
| 3 Month Average | 3.975 % | £9,143 | £239,143 |
| 6 Month Average | 0.053 % | £121 | £230,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £351,186 | £350,000 | 83 NEWCHURCH ROAD |
| 8 Mar 2024 | £193,654 | £193,000 | 8 ALDER STREET |
| 15 Dec 2023 | £269,091 | £264,000 | 38 GRANGE ROAD |
| 29 Nov 2023 | £141,821 | £140,000 | 3 NUTTALL STREET |
| 24 Nov 2023 | £327,201 | £323,000 | 87 NEWCHURCH ROAD |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 1 Apr 2011. Using an estimated price of £245,776 means this house is valued at £3,675 per sq meter (£341 per sq foot).
The average size of a house on GRANGE ROAD is 90 sq meters (978 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Alder Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grange Close |
| Jan 2024 | Anti-social behaviour | On or near Springfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Springfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Springfield Road |