£148,183
This estimated value is based upon the latest sale price for the house of £120,000 on 5 Sep 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 5 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2018 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £120,000 results in an estimated price of approximately £148,183.
| 5 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £120,000 | £28,183 | £148,183 |
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 | 13.465 % | £16,158 | £136,158 |
| 3 Month Average | 28.999 % | £34,798 | £154,798 |
| 6 Month Average | 26.776 % | £32,130 | £152,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £254,452 | £250,000 | 24 DOBBIN CLOSE |
| 21 Apr 2023 | £586,313 | £580,000 | PEEL EDGE DOBBIN LANE |
| 25 Oct 2022 | £252,284 | £255,000 | 8 DOBBIN CLOSE |
| 8 Jul 2022 | £626,687 | £625,000 | 538 NEWCHURCH ROAD |
| 19 May 2022 | £348,568 | £342,000 | 7 JOHNNY BARN COTTAGES JOHNNY BARN CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 Jan 2017. Using an estimated price of £148,184 means this house is valued at £2,179 per sq meter (£202 per sq foot).
The average size of a house on NEWCHURCH ROAD is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Patrick Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Patrick Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Patrick Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Patrick Crescent | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Patrick Crescent |