£101,634
This estimated value is based upon the latest sale price for the house of £65,000 on 5 Dec 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 5 Dec 2007 |
| £53,000 | 2 Jun 2006 |
| Terraced |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 December 2007 the House Price Index for LANCASHIRE was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £65,000 results in an estimated price of approximately £101,634.
| 5 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £65,000 | £36,634 | £101,634 |
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 | 31.385 % | £20,400 | £85,400 |
| 3 Month Average | 30.350 % | £19,727 | £84,727 |
| 6 Month Average | 22.843 % | £14,847 | £79,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £161,672 | £158,000 | 51 SPRING STREET |
| 23 Aug 2023 | £45,827 | £45,000 | 20 SPRING STREET |
| 23 Jun 2023 | £62,247 | £61,000 | 9 SPRING STREET |
| 5 Apr 2023 | £86,620 | £85,000 | 27 SPRING STREET |
| 27 Jan 2023 | £87,233 | £87,000 | 63 SPRING STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Jan 2019. Using an estimated price of £101,634 means this house is valued at £1,154 per sq meter (£107 per sq foot).
The average size of a house on SPRING STREET is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spring Street |
| Apr 2024 | Drugs | Local resolution | On or near Spring Street |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Spring Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near George Street |
| Jul 2024 | Bicycle theft | Under investigation | On or near George Street |