£192,464
This estimated value is based upon the latest sale price for the house of £189,250 on 15 Mar 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £189,250 | 15 Mar 2023 |
| £120,000 | 10 Jul 2015 |
| £104,000 | 14 Oct 2002 |
| £74,950 | 25 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 March 2023 the House Price Index for LANCASHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £189,250 results in an estimated price of approximately £192,464.
| 15 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £189,250 | £3,214 | £192,464 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | -23.178 % | £-43,864 | £145,385 |
| 3 Month Average | 1.455 % | £2,754 | £192,004 |
| 6 Month Average | -1.363 % | £-2,578 | £186,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Sep 2024 | £355,000 | £355,000 | 339 COLNE ROAD |
| 13 Apr 2023 | £183,431 | £180,000 | APARTMENT 2 OSBORNE GROVE, 367 COLNE ROAD |
| 15 Mar 2023 | £192,464 | £189,250 | 501 COLNE ROAD |
| 18 Jan 2023 | £265,710 | £265,000 | 6 HIGHFIELD AVENUE |
| 5 Aug 2022 | £70,329 | £70,000 | 11 HIGHFIELD AVENUE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 3 Nov 2014. Using an estimated price of £192,464 means this house is valued at £1,480 per sq meter (£137 per sq foot).
The average size of a house on COLNE ROAD is 138 sq meters (1,492 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Avenue |
| Nov 2024 | Public order | Under investigation | On or near Highfield Avenue |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Highfield Avenue |
| Nov 2024 | Anti-social behaviour | On or near Highfield Avenue | |
| Nov 2024 | Anti-social behaviour | On or near Highfield Avenue |