£311,103
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Feb 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 11 Feb 2019 |
| £210,000 | 2 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,068 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 February 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £250,000 results in an estimated price of approximately £311,103.
| 11 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £250,000 | £61,103 | £311,103 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 1.141 % | £2,853 | £252,853 |
| 3 Month Average | 5.083 % | £12,707 | £262,707 |
| 6 Month Average | 11.455 % | £28,636 | £278,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £424,355 | £415,000 | THORN HOUSE THE CRESCENT |
| 31 Aug 2023 | £152,755 | £150,000 | 50 DEAN LANE |
| 29 Mar 2023 | £122,038 | £120,000 | 1049A BURNLEY ROAD EAST |
| 1 Apr 2022 | £191,923 | £185,000 | WINDY BANK COTTAGE BURNLEY ROAD EAST |
| 17 Feb 2022 | £79,234 | £75,000 | 7 TERRA COTTA BUILDINGS |
This house has a floor area of 99 sq meters or 1,068 sq feet when measured on 3 Nov 2010. Using an estimated price of £311,103 means this house is valued at £3,132 per sq meter (£291 per sq foot).
The average size of a house on BURNLEY ROAD EAST is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near North Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near North Street |