£12,653
This estimated value is based upon the latest sale price for the house of £12,500 on 29 Jun 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £12,500 | 29 Jun 2023 |
| 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 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 £12,500 results in an estimated price of approximately £12,653.
| 29 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £12,500 | £153 | £12,653 |
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 | -5.646 % | £-705 | £11,794 |
| 3 Month Average | 0.839 % | £104 | £12,604 |
| 6 Month Average | -3.503 % | £-437 | £12,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £12,653 | £12,500 | FALLBARN GARAGE FALLBARN CRESCENT |
| 25 Nov 2022 | £237,128 | £240,000 | 160 BACUP ROAD |
| 10 Jun 2022 | £196,781 | £194,000 | 12 GREENBANK STREET |
| 14 Apr 2022 | £128,725 | £125,000 | 24 GREENBANK STREET |
| 6 Dec 2021 | £246,417 | £230,000 | 1 GARDENERS COTTAGE GREENBANK PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Greenbank Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rose Vale Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Plantation Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Plantation Street |