£205,261
This estimated value is based upon the latest sale price for the house of £165,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 28 Sep 2018 |
| Semi-Detached |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 September 2018 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £165,000 results in an estimated price of approximately £205,261.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £165,000 | £40,261 | £205,261 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 19.461 % | £32,110 | £197,110 |
| 3 Month Average | 8.081 % | £13,334 | £178,334 |
| 6 Month Average | 21.618 % | £35,669 | £200,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £294,035 | £285,000 | 8 CHAPEL CLOSE |
| 14 Nov 2023 | £184,688 | £180,000 | 9 NELSON STREET |
| 18 Aug 2023 | £191,962 | £188,500 | 31 NELSON STREET |
| 3 Mar 2023 | £188,142 | £185,000 | 32 RIVERSIDE |
| 24 Feb 2023 | £239,097 | £237,500 | 42 RIVERSIDE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Jul 2018. Using an estimated price of £205,261 means this house is valued at £2,631 per sq meter (£244 per sq foot).
The average size of a house on RIVERSIDE is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chapel Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chapel Close |
| Jun 2024 | Anti-social behaviour | On or near Meadowlands | |
| Jun 2024 | Anti-social behaviour | On or near Meadowlands | |
| Jun 2024 | Anti-social behaviour | On or near Meadowlands |