£92,417
This estimated value is based upon the latest sale price for the house of £75,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 15 May 2020 |
| £60,000 | 13 Jul 2004 |
| £60,000 | 13 Jul 2004 |
| £25,000 | 28 Nov 2002 |
| £28,000 | 30 Aug 1996 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 772 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 May 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £75,000 results in an estimated price of approximately £92,417.
| 15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £75,000 | £17,417 | £92,417 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | -4.205 % | £-3,153 | £71,846 |
| 3 Month Average | 95.959 % | £71,968 | £146,968 |
| 6 Month Average | 39.067 % | £29,300 | £104,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £42,000 | £42,000 | 26 DAVID STREET |
| 3 Apr 2024 | £529,599 | £525,000 | HOLME NOOK FARM HOLME STREET |
| 21 Dec 2023 | £95,948 | £93,000 | 18 FARHOLME LANE |
| 18 Sep 2023 | £84,360 | £82,500 | 3 OLD KILN |
| 28 Jun 2023 | £83,677 | £82,000 | 6 FARHOLME LANE |
This house has a floor area of 71 sq meters or 772 sq feet when measured on 15 Jun 2010. Using an estimated price of £92,418 means this house is valued at £1,287 per sq meter (£119 per sq foot).
The average size of a house on HOLME STREET is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Holme Street |
| Aug 2024 | Anti-social behaviour | On or near Holme Street | |
| Aug 2024 | Anti-social behaviour | On or near Holme Street | |
| Aug 2024 | Anti-social behaviour | On or near Holme Street |