£139,574
This estimated value is based upon the latest sale price for the house of £137,500 on 31 May 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£137,500 | 31 May 2022 |
£108,995 | 31 May 2016 |
Terraced |
Leasehold |
Floor Area: 70 sq meters or 753 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 2022 the House Price Index for LANCASHIRE was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £137,500 results in an estimated price of approximately £139,574.
31 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.0 | 1.509 % | £137,500 | £2,074 | £139,574 |
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 | 55.846 % | £76,787 | £214,287 |
3 Month Average | 2.932 % | £4,032 | £141,532 |
6 Month Average | 1.348 % | £1,853 | £139,353 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £50,964 | £50,000 | 32 EMPRESS STREET |
29 Jul 2022 | £135,816 | £136,000 | 12 SIDINGS WAY |
31 May 2022 | £139,575 | £137,500 | 7 PEARSON CLOSE |
29 Apr 2022 | £134,359 | £131,000 | 66 LOWER ANTLEY STREET |
18 Mar 2022 | £51,604 | £50,000 | 366 BLACKBURN ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Feb 2016. Using an estimated price of £139,575 means this house is valued at £1,993 per sq meter (£185 per sq foot).
The average size of a house on PEARSON CLOSE is 76 sq meters (820 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pearson Close |
Mar 2024 | Criminal damage and arson | Local resolution | On or near Pearson Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pearson Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near May Hill Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near May Hill Close |