£56,180
This estimated value is based upon the latest sale price for the house of £55,500 on 21 Jun 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £55,500 | 21 Jun 2023 |
| £15,500 | 14 Nov 2003 |
| Terraced |
| Leasehold |
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 June 2023 the House Price Index for LANCASHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £55,500 results in an estimated price of approximately £56,180.
| 21 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £55,500 | £680 | £56,180 |
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 | 63.633 % | £35,316 | £90,816 |
| 3 Month Average | 11.948 % | £6,630 | £62,130 |
| 6 Month Average | 4.117 % | £2,284 | £57,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £40,518 | £40,000 | 8 HOPE STREET |
| 30 Aug 2023 | £75,662 | £75,000 | 63 RICHMOND HILL STREET |
| 21 Jun 2023 | £56,181 | £55,500 | 85 RICHMOND HILL STREET |
| 31 Mar 2023 | £102,970 | £102,000 | 91 RICHMOND HILL STREET |
| 13 Jul 2022 | £126,791 | £126,450 | 75 RICHMOND HILL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Major Street | |
| Feb 2024 | Anti-social behaviour | On or near Major Street | |
| Mar 2024 | Anti-social behaviour | On or near Hope Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hope Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hope Street |