£285,375
This estimated value is based upon the latest sale price for the house of £215,000 on 29 Nov 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 29 Nov 2016 |
| £380,000 | 29 Jun 2016 |
| £380,000 | 29 Jun 2016 |
| Terraced |
| Freehold |
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 November 2016 the House Price Index for LANCASHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £215,000 results in an estimated price of approximately £285,375.
| 29 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £215,000 | £70,375 | £285,375 |
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 | 85.480 % | £183,781 | £398,781 |
| 3 Month Average | 26.571 % | £57,126 | £272,126 |
| 6 Month Average | 27.284 % | £58,660 | £273,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £194,283 | £190,000 | 1320 BURNLEY ROAD |
| 24 Aug 2023 | £106,929 | £105,000 | 1296 BURNLEY ROAD |
| 6 Apr 2023 | £168,145 | £165,000 | 1267 BURNLEY ROAD |
| 29 Nov 2022 | £283,674 | £285,000 | 2 COTTON ROW |
| 26 Aug 2022 | £190,842 | £189,950 | 5 MANCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Springfield View |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield View |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnley Road |
| Aug 2024 | Anti-social behaviour | On or near Burnley Road |