£36,006
This estimated value is based upon the latest sale price for the house of £28,344 on 26 May 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £28,344 | 26 May 2017 |
| £60,000 | 7 Dec 2007 |
| £32,500 | 3 Aug 2001 |
| £11,000 | 2 May 2001 |
| Terraced |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 2017 the House Price Index for LANCASHIRE was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £28,344 results in an estimated price of approximately £36,006.
| 26 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £28,344 | £7,662 | £36,006 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | -23.956 % | £-6,790 | £21,553 |
| 3 Month Average | 6.508 % | £1,844 | £30,188 |
| 6 Month Average | 18.702 % | £5,300 | £33,644 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 26 Nov 2015.
The average size of a house on LOWERHOUSE LANE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hordley Street |
| Feb 2024 | Anti-social behaviour | On or near Hordley Street | |
| Feb 2024 | Anti-social behaviour | On or near Hordley Street | |
| Feb 2024 | Anti-social behaviour | On or near Hordley Street | |
| Feb 2024 | Anti-social behaviour | On or near Hordley Street |