£143,598
This estimated value is based upon the latest sale price for the house of £85,000 on 9 Nov 2006. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 9 Nov 2006 |
| Terraced |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 November 2006 the House Price Index for LANCASHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £85,000 results in an estimated price of approximately £143,598.
| 9 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £85,000 | £58,598 | £143,598 |
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 | 51.463 % | £43,743 | £128,743 |
| 3 Month Average | 41.365 % | £35,159 | £120,159 |
| 6 Month Average | 36.861 % | £31,331 | £116,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £216,657 | £210,000 | 522 MANCHESTER ROAD |
| 14 Dec 2023 | £263,084 | £255,000 | 58 BACK LANE |
| 24 Nov 2023 | £100,039 | £97,500 | 11 ALLIANCE STREET |
| 21 Nov 2023 | £159,037 | £155,000 | 528 MANCHESTER ROAD |
| 30 Aug 2023 | £137,480 | £135,000 | 581 MANCHESTER ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Mar 2014. Using an estimated price of £143,599 means this house is valued at £1,527 per sq meter (£141 per sq foot).
The average size of a house on MANCHESTER ROAD is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Alexander Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Alexander Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Close |
| Jun 2024 | Anti-social behaviour | On or near Hurstead Street | |
| Jun 2024 | Anti-social behaviour | On or near Hurstead Street |