£106,923
This estimated value is based upon the latest sale price for the house of £62,750 on 5 Dec 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £62,750 | 5 Dec 2012 |
| £21,000 | 26 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 December 2012 the House Price Index for LANCASHIRE was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £62,750 results in an estimated price of approximately £106,923.
| 5 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £62,750 | £44,173 | £106,923 |
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 | 51.358 % | £32,227 | £94,977 |
| 3 Month Average | 56.019 % | £35,151 | £97,901 |
| 6 Month Average | 45.878 % | £28,788 | £91,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £41,042 | £40,000 | 8 PARK ROAD |
| 17 Oct 2023 | £68,557 | £67,000 | 52 MONK STREET |
| 2 Feb 2023 | £151,009 | £150,000 | 100 LOWER ANTLEY STREET |
| 17 Jun 2022 | £110,359 | £108,000 | 318 BLACKBURN ROAD |
| 6 Apr 2022 | £86,105 | £82,999 | 30 MONK STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Sep 2011. Using an estimated price of £106,923 means this house is valued at £1,909 per sq meter (£177 per sq foot).
The average size of a house on WHEAT STREET is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wheat Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wheat Street |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Wheat Street |
| May 2024 | Possession of weapons | Offender given a caution | On or near Bobbin Close |
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Bobbin Close |