£156,980
This estimated value is based upon the latest sale price for the house of £138,000 on 28 Apr 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£138,000 | 28 Apr 2021 |
£25,000 | 2 Jun 1999 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 766 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 2021 the House Price Index for LANCASHIRE was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £138,000 results in an estimated price of approximately £156,980.
28 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 149.7 | 13.754 % | £138,000 | £18,980 | £156,980 |
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 | 15.516 % | £21,412 | £159,412 |
3 Month Average | -28.428 % | £-39,230 | £98,769 |
6 Month Average | -10.215 % | £-14,097 | £123,902 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £201,182 | £195,000 | 6 GREENBROOK ROAD |
20 Oct 2023 | £306,972 | £300,000 | 195 LOWERHOUSE LANE |
6 Oct 2023 | £153,486 | £150,000 | 16 LOWERHOUSE FOLD |
14 Sep 2023 | £171,787 | £168,000 | 8 LOWERHOUSE FOLD |
31 Mar 2023 | £254,246 | £250,000 | 5 FOSTER DRIVE |
This house has a floor area of 71 sq meters or 766 sq feet when measured on 4 May 2010. Using an estimated price of £156,980 means this house is valued at £2,204 per sq meter (£204 per sq foot).
The average size of a house on LOWERHOUSE FOLD is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Lowerhouse Lane |
Oct 2024 | Burglary | Under investigation | On or near Holyoake Street |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Holyoake Street |
Oct 2024 | Burglary | Under investigation | On or near Bayard Street |
Aug 2024 | Anti-social behaviour | On or near Bayard Street |