£191,120
This estimated value is based upon the latest sale price for the house of £42,000 on 9 Feb 1999. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £42,000 | 9 Feb 1999 |
| £18,000 | 19 Dec 1997 |
| Terraced |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 February 1999 the House Price Index for LANCASHIRE was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £42,000 results in an estimated price of approximately £191,120.
| 9 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 149.7 | 355.049 % | £42,000 | £149,120 | £191,120 |
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 | 272.047 % | £114,259 | £156,259 |
| 3 Month Average | 273.415 % | £114,834 | £156,834 |
| 6 Month Average | 267.822 % | £112,485 | £154,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £155,301 | £152,500 | 15 WINTERLEY DRIVE |
| 27 Jan 2023 | £169,453 | £169,000 | 5 WESSEX CLOSE |
| 4 Apr 2022 | £184,661 | £178,000 | 25 WINTERLEY DRIVE |
| 3 Dec 2021 | £180,244 | £167,000 | 432 BURNLEY ROAD |
| 22 Oct 2021 | £124,286 | £111,500 | 496 BURNLEY ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Feb 2013. Using an estimated price of £191,120 means this house is valued at £2,514 per sq meter (£233 per sq foot).
The average size of a house on BURNLEY ROAD is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loweswater Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakdene Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakdene Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winterley Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winterley Drive |