£378,165
This estimated value is based upon the latest sale price for the house of £320,000 on 14 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 14 Oct 2020 |
| £180,000 | 22 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 October 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £320,000 results in an estimated price of approximately £378,165.
| 14 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £320,000 | £58,165 | £378,165 |
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 | 24.118 % | £77,176 | £397,176 |
| 3 Month Average | 34.803 % | £111,368 | £431,368 |
| 6 Month Average | 33.442 % | £107,015 | £427,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £300,004 | £298,000 | 2 WOOLEY LANE |
| 18 Nov 2022 | £166,720 | £167,500 | 18 BROOKE CLOSE |
| 20 May 2022 | £420,967 | £410,000 | 2 PARTRIDGE DRIVE |
| 13 May 2022 | £205,350 | £200,000 | 7 CHATTERTON DRIVE |
| 3 Feb 2022 | £219,215 | £207,500 | 31 CHATTERTON DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 30 Aug 2016. Using an estimated price of £378,165 means this house is valued at £3,707 per sq meter (£344 per sq foot).
There is one other house on the street which we know the size of, this is 8 WOOLEY LANE it is 80.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Alexander Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Alexander Close |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |