£68,406
This estimated value is based upon the latest sale price for the house of £55,500 on 26 Feb 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £55,500 | 26 Feb 2020 |
| £65,000 | 28 Apr 2008 |
| £59,950 | 28 Sep 2005 |
| £17,000 | 19 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 27 sq meters or 290 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 February 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £55,500 results in an estimated price of approximately £68,406.
| 26 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £55,500 | £12,906 | £68,406 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 20.258 % | £11,243 | £66,743 |
| 3 Month Average | 22.854 % | £12,684 | £68,184 |
| 6 Month Average | 13.064 % | £7,250 | £62,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £112,981 | £112,000 | 3 KING STREET |
| 20 Dec 2023 | £137,211 | £132,995 | 5 ST JAMES SQUARE |
| 4 Sep 2023 | £93,563 | £91,500 | 4 GARDEN STREET |
| 21 Aug 2023 | £168,031 | £165,000 | 19 KING STREET |
| 4 Aug 2023 | £98,476 | £96,700 | 7 MARKET STREET |
This house has a floor area of 27 sq meters or 290 sq feet when measured on 19 Feb 2014. Using an estimated price of £68,406 means this house is valued at £2,533 per sq meter (£235 per sq foot).
The average size of a house on GARDEN STREET is 69 sq meters (749 sq feet).
This house is the smallest in the street with a floor area of 27 sq meters (290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Newtown |
| Sep 2024 | Anti-social behaviour | On or near Philip Street | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Philip Street |