£54,031
This estimated value is based upon the latest sale price for the house of £43,000 on 31 May 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £43,000 | 31 May 2018 |
| £58,000 | 16 Feb 2010 |
| £70,000 | 10 Jul 2007 |
| Terraced |
| Leasehold |
| Floor Area: 172 sq meters or 1,851 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 2018 the House Price Index for LANCASHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £43,000 results in an estimated price of approximately £54,031.
| 31 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £43,000 | £11,031 | £54,031 |
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 | 44.799 % | £19,263 | £62,263 |
| 3 Month Average | 57.584 % | £24,761 | £67,761 |
| 6 Month Average | 34.391 % | £14,788 | £57,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £68,553 | £67,500 | 1 HERBERT STREET |
| 14 Dec 2023 | £105,749 | £102,500 | 91 ALBION STREET |
| 24 Oct 2023 | £58,325 | £57,000 | 9 HERBERT STREET |
| 13 Oct 2023 | £40,930 | £40,000 | 23 HERBERT STREET |
| 25 Sep 2023 | £76,691 | £75,000 | 93 ALBION STREET |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 15 Oct 2014. Using an estimated price of £54,032 means this house is valued at £314 per sq meter (£29 per sq foot).
The average size of a house on ALBION STREET is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Albion Street | |
| Sep 2024 | Anti-social behaviour | On or near Albion Street | |
| Oct 2024 | Bicycle theft | Unable to prosecute suspect | On or near Herbert Street |
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Herbert Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Herbert Street |