£67,642
This estimated value is based upon the latest sale price for the house of £50,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 27 May 2016 |
| £25,000 | 31 Jul 1996 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2016 the House Price Index for LANCASHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £50,000 results in an estimated price of approximately £67,642.
| 27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £50,000 | £17,642 | £67,642 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | 34.600 % | £17,299 | £67,299 |
| 3 Month Average | 47.145 % | £23,572 | £73,572 |
| 6 Month Average | 48.911 % | £24,455 | £74,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £127,905 | £125,000 | 53 ENNISMORE STREET |
| 26 Sep 2023 | £122,040 | £119,350 | 1 FERNDALE STREET |
| 11 Apr 2023 | £61,144 | £60,000 | 35 FERNDALE STREET |
| 28 Feb 2023 | £72,988 | £72,500 | 53 MELVILLE STREET |
| 23 Jan 2023 | £100,268 | £100,000 | 152 MELVILLE STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Aug 2016. Using an estimated price of £67,643 means this house is valued at £914 per sq meter (£84 per sq foot).
The average size of a house on MELVILLE STREET is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ennismore Street |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Ennismore Street |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Basnett Street |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Basnett Street |
| Aug 2024 | Anti-social behaviour | On or near Basnett Street |