£121,364
This estimated value is based upon the latest sale price for the house of £119,500 on 27 Mar 2024. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £119,500 | 27 Mar 2024 |
| £89,000 | 2 Jul 2018 |
| £79,500 | 22 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 March 2024 the House Price Index for LANCASHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £119,500 results in an estimated price of approximately £121,364.
| 27 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £119,500 | £1,864 | £121,364 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 4.131 % | £4,936 | £124,436 |
| 3 Month Average | 19.166 % | £22,903 | £142,403 |
| 6 Month Average | 6.796 % | £8,121 | £127,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £121,365 | £119,500 | 8 SUSSEX STREET |
| 13 Mar 2024 | £91,404 | £90,000 | 25 ESSEX STREET |
| 25 Aug 2023 | £122,204 | £120,000 | 13 WELLHOUSE STREET |
| 28 Mar 2023 | £116,953 | £115,000 | 34 ESSEX STREET |
| 7 Mar 2023 | £101,698 | £100,000 | 20 MOSLEY STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Feb 2018. Using an estimated price of £121,365 means this house is valued at £2,057 per sq meter (£191 per sq foot).
There is one other house on the street which we know the size of, this is 4 SUSSEX STREET it is 88.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Sussex Street |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rainhall Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Essex Street |
| Jul 2024 | Anti-social behaviour | On or near Essex Street | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Police Station |