£259,065
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 7 Mar 2022 |
| £315,000 | 7 Mar 2008 |
| £161,500 | 1 Sep 2003 |
| Detached |
| Leasehold |
| Floor Area: 192 sq meters or 2,076 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 2022 the House Price Index for LANCASHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £250,000 results in an estimated price of approximately £259,065.
| 7 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £250,000 | £9,065 | £259,065 |
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 | -12.222 % | £-30,554 | £219,445 |
| 3 Month Average | -3.193 % | £-7,982 | £242,017 |
| 6 Month Average | 1.369 % | £3,422 | £253,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £238,531 | £235,000 | 23 OLD HALL DRIVE |
| 1 Jul 2022 | £192,518 | £192,000 | 149 WOODSIDE ROAD |
| 1 Jul 2022 | £193,521 | £193,000 | 141 WOODSIDE ROAD |
| 28 Mar 2022 | £777 | £750 | 147 WOODSIDE ROAD |
| 7 Mar 2022 | £259,066 | £250,000 | 449 BURNLEY ROAD |
This house has a floor area of 192 sq meters or 2,076 sq feet when measured on 18 Dec 2008. Using an estimated price of £259,066 means this house is valued at £1,343 per sq meter (£124 per sq foot).
The average size of a house on BURNLEY ROAD is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wedgewood Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wedgewood Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Wedgewood Road |
| Apr 2024 | Other theft | Under investigation | On or near Higher Gate Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Old Hall Drive |