£109,806
This estimated value is based upon the latest sale price for the house of £70,000 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 17 Apr 2014 |
| Terraced |
| Leasehold |
| Floor Area: 126 sq meters or 1,356 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 April 2014 the House Price Index for LANCASHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £70,000 results in an estimated price of approximately £109,806.
| 17 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £70,000 | £39,806 | £109,806 |
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 | 39.945 % | £27,961 | £97,961 |
| 3 Month Average | 63.626 % | £44,538 | £114,538 |
| 6 Month Average | 58.513 % | £40,959 | £110,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £50,780 | £50,000 | 5A BURNLEY ROAD EAST |
| 14 Dec 2023 | £180,548 | £175,000 | 4 GAGHILLS ROAD |
| 10 Nov 2023 | £123,125 | £120,000 | 9 GAGHILLS TERRACE |
| 29 Jun 2023 | £234,703 | £230,000 | 19 BROOKLANDS |
| 6 Apr 2023 | £101,906 | £100,000 | 94 BURNLEY ROAD EAST |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 16 Apr 2014. Using an estimated price of £109,807 means this house is valued at £871 per sq meter (£80 per sq foot).
The average size of a house on BURNLEY ROAD EAST is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Melbourne Street |