£110,187
This estimated value is based upon the latest sale price for the house of £85,000 on 11 May 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£85,000 | 11 May 2017 |
Terraced |
Leasehold |
Floor Area: 88 sq meters or 947 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 May 2017 the House Price Index for LANCASHIRE was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £85,000 results in an estimated price of approximately £110,187.
11 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £85,000 | £25,187 | £110,187 |
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 | -9.072 % | £-7,710 | £77,289 |
3 Month Average | 15.931 % | £13,541 | £98,541 |
6 Month Average | 15.479 % | £13,157 | £98,157 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £92,344 | £90,000 | 300 BURNLEY ROAD EAST |
20 Oct 2023 | £90,045 | £88,000 | 11 TURNPIKE |
18 Oct 2023 | £166,788 | £163,000 | 5 ROSE MOUNT |
19 Sep 2023 | £92,029 | £90,000 | 294 BURNLEY ROAD EAST |
10 Mar 2023 | £111,868 | £110,000 | 166 BURNLEY ROAD EAST |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 May 2013. Using an estimated price of £110,188 means this house is valued at £1,252 per sq meter (£116 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bridleway |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bridleway |
Jul 2024 | Vehicle crime | Under investigation | On or near Naze View Avenue |
Jun 2024 | Anti-social behaviour | On or near Naze View Avenue | |
Jun 2024 | Anti-social behaviour | On or near Naze View Avenue |