£103,619
This estimated value is based upon the latest sale price for the house of £74,950 on 11 Jan 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £74,950 | 11 Jan 2016 |
| £76,000 | 22 Jul 2005 |
| £33,500 | 1 Jun 1996 |
| Leasehold |
| Floor Area: 131 sq meters or 1,410 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 January 2016 the House Price Index for LANCASHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £74,950 results in an estimated price of approximately £103,619.
| 11 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £74,950 | £28,669 | £103,619 |
The Postcode Pricing Model uses changes in average sales price within the BB3 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 | 91.605 % | £68,658 | £143,608 |
| 3 Month Average | 23.924 % | £17,930 | £92,880 |
| 6 Month Average | 28.059 % | £21,030 | £95,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £98,500 | £96,000 | 7 SOUTH STREET |
| 1 Aug 2023 | £91,653 | £90,000 | 41 RAILWAY ROAD |
| 12 Apr 2023 | £132,478 | £130,000 | CENTRAL CLUB CHURCH STREET |
| 10 Feb 2023 | £171,143 | £170,000 | 54 RICHMOND PARK |
| 15 Aug 2022 | £101,474 | £101,000 | 13 GREEN STREET EAST |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 3 Mar 2015. Using an estimated price of £103,619 means this house is valued at £790 per sq meter (£73 per sq foot).
The average size of a house on RAILWAY ROAD is 138 sq meters (1,496 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Parking Area |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Railway Road |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Railway Road |
| Sep 2024 | Public order | Under investigation | On or near Railway Road |