£624,579
This estimated value is based upon the latest sale price for the house of £625,000 on 7 Feb 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £625,000 | 7 Feb 2023 |
| £359,000 | 6 Jun 2012 |
| £250,000 | 18 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 238 sq meters or 2,561 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 2023 the House Price Index for LANCASHIRE was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £625,000 results in an estimated price of approximately £624,579.
| 7 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £625,000 | £-420 | £624,579 |
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 | 30.141 % | £188,379 | £813,379 |
| 3 Month Average | -4.985 % | £-31,157 | £593,842 |
| 6 Month Average | -2.081 % | £-13,009 | £611,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £130,431 | £128,500 | 4 TIMBER STREET |
| 28 Jul 2023 | £243,224 | £239,950 | 7 HOLLY BANK |
| 3 Apr 2023 | £293 | £290 | 3 QUARRY HILL |
| 10 Mar 2023 | £80,761 | £80,000 | 29 MANCHESTER ROAD |
| 7 Feb 2023 | £624,580 | £625,000 | 48 HOLLINS LANE |
This house has a floor area of 238 sq meters or 2,561 sq feet when measured on 5 Aug 2015. Using an estimated price of £624,580 means this house is valued at £2,624 per sq meter (£243 per sq foot).
The average size of a house on HOLLINS LANE is 173 sq meters (1,868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Holly Bank |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Holly Bank |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
| Jan 2024 | Anti-social behaviour | On or near Mountain Lane | |
| Jan 2024 | Anti-social behaviour | On or near Mountain Lane |