£102,497
This estimated value is based upon the latest sale price for the house of £96,000 on 17 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £96,000 | 17 Nov 2021 |
| £85,000 | 23 Nov 2016 |
| £44,950 | 10 Dec 2003 |
| £34,500 | 29 Jun 2001 |
| Terraced |
| Leasehold |
| Floor Area: 107 sq meters or 1,151 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 November 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £96,000 results in an estimated price of approximately £102,497.
| 17 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £96,000 | £6,497 | £102,497 |
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 | -15.661 % | £-15,034 | £80,965 |
| 3 Month Average | -11.747 % | £-11,277 | £84,722 |
| 6 Month Average | -5.680 % | £-5,452 | £90,547 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 12 Sep 2016.
The average size of a house on PALACE STREET is 86 sq meters (929 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Alder Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alder Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alder Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Palace Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lonsdale Street |