£115,540
This estimated value is based upon the latest sale price for the house of £115,000 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 12 Aug 2022 |
| £82,000 | 4 Jul 2019 |
| £69,500 | 2 Apr 2004 |
| £34,950 | 21 Dec 2001 |
| £35,000 | 30 Mar 2001 |
| Terraced |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 August 2022 the House Price Index for LANCASHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £115,000 results in an estimated price of approximately £115,540.
| 12 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £115,000 | £540 | £115,540 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | -28.431 % | £-32,695 | £82,304 |
| 3 Month Average | 8.461 % | £9,730 | £124,730 |
| 6 Month Average | 4.939 % | £5,679 | £120,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £95,000 | £95,000 | 11 THE BUNGALOWS |
| 18 Oct 2023 | £245,572 | £239,995 | 4 HEALEY COURT |
| 18 Oct 2023 | £127,900 | £124,995 | 1 HEALEY MOUNT |
| 30 Aug 2023 | £96,745 | £95,000 | 9 THE BUNGALOWS |
| 10 Aug 2023 | £168,031 | £165,000 | 3 MOUNT ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Nov 2016. Using an estimated price of £115,540 means this house is valued at £1,520 per sq meter (£141 per sq foot).
The average size of a house on CHESTNUT RISE is 62 sq meters (677 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Rise |