£181,588
This estimated value is based upon the latest sale price for the house of £180,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 11 Aug 2023 |
| £125,000 | 4 Sep 2018 |
| Terraced |
| Leasehold |
| Floor Area: 127 sq meters or 1,367 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 August 2023 the House Price Index for LANCASHIRE was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £180,000 results in an estimated price of approximately £181,588.
| 11 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £180,000 | £1,588 | £181,588 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | -10.281 % | £-18,506 | £161,493 |
| 3 Month Average | -4.224 % | £-7,604 | £172,395 |
| 6 Month Average | -1.131 % | £-2,036 | £177,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £142,442 | £139,950 | 678 BACUP ROAD |
| 11 Aug 2023 | £181,589 | £180,000 | 562 BACUP ROAD |
| 23 Mar 2023 | £32,304 | £32,000 | 18 BURNLEY ROAD EAST |
| 1 Feb 2023 | £57,961 | £58,000 | 3A KING STREET |
| 10 Nov 2022 | £1,136,237 | £1,150,000 | ROSSENDALE SERVICE STATION BACUP ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 9 May 2018. Using an estimated price of £181,589 means this house is valued at £1,429 per sq meter (£132 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near St James' Street | |
| Jan 2024 | Anti-social behaviour | On or near St James' Street | |
| Jan 2024 | Anti-social behaviour | On or near St James' Street | |
| Jan 2024 | Possession of weapons | Under investigation | On or near St James' Street |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near West Street |