£89,727
This estimated value is based upon the latest sale price for the house of £89,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £89,000 | 9 Jun 2023 |
| £55,000 | 7 Mar 2018 |
| £50,000 | 2 Feb 2011 |
| £10,800 | 20 Oct 1995 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 June 2023 the House Price Index for LANCASHIRE was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £89,000 results in an estimated price of approximately £89,727.
| 9 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £89,000 | £727 | £89,727 |
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 | 41.041 % | £36,526 | £125,526 |
| 3 Month Average | 21.361 % | £19,011 | £108,011 |
| 6 Month Average | 6.435 % | £5,727 | £94,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £80,654 | £80,000 | 72 HOPWOOD STREET |
| 9 Jun 2023 | £89,728 | £89,000 | 60 ORMEROD STREET |
| 31 Mar 2023 | £80,435 | £80,000 | 20 HOPWOOD STREET |
| 17 Dec 2021 | £56,554 | £53,000 | 60 HOPWOOD STREET |
| 11 Nov 2020 | £46,764 | £40,500 | 19 HOPWOOD STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Apr 2017. Using an estimated price of £89,728 means this house is valued at £1,121 per sq meter (£104 per sq foot).
The average size of a house on ORMEROD STREET is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Perth Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Perth Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Perth Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Perth Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Perth Street |