£108,700
This estimated value is based upon the latest sale price for the house of £68,950 on 25 May 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Ormerod Street
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| Price Paid | Date |
|---|---|
| £68,950 | 25 May 2007 |
| £25,000 | 25 Nov 2002 |
| Terraced |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 2007 the House Price Index for LANCASHIRE was 93.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.651%.Applying this 57.651% change to the original purchase price of £68,950 results in an estimated price of approximately £108,700.
| 25 May 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 146.7 | 57.651 % | £68,950 | £39,750 | £108,700 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | -7.333 % | £-5,056 | £63,893 |
| 3 Month Average | 6.248 % | £4,308 | £73,258 |
| 6 Month Average | 28.246 % | £19,475 | £88,425 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 21 Jun 2016.
The average size of a house on ORMEROD STREET is 105 sq meters (1,139 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Ormerod Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ormerod Street |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Ormerod Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ormerod Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Athol Street |