£78,001
This estimated value is based upon the latest sale price for the house of £77,000 on 16 Nov 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £77,000 | 16 Nov 2023 |
| £50,000 | 20 Mar 2009 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 789 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 November 2023 the House Price Index for LANCASHIRE was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £77,000 results in an estimated price of approximately £78,001.
| 16 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £77,000 | £1,001 | £78,001 |
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 | 64.708 % | £49,825 | £126,825 |
| 3 Month Average | 15.545 % | £11,969 | £88,969 |
| 6 Month Average | 7.338 % | £5,650 | £82,650 |
| 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 73 sq meters or 789 sq feet when measured on 6 Nov 2008. Using an estimated price of £78,001 means this house is valued at £1,063 per sq meter (£98 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 |