£706,600
This estimated value is based upon the latest sale price for the house of £605,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £605,000 | 27 Nov 2020 |
| £480,000 | 3 Feb 2006 |
| £299,950 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 263 sq meters or 2,830 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 November 2020 the House Price Index for LANCASHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £605,000 results in an estimated price of approximately £706,600.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £605,000 | £101,600 | £706,600 |
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 | -15.629 % | £-94,557 | £510,442 |
| 3 Month Average | 4.225 % | £25,561 | £630,561 |
| 6 Month Average | 15.168 % | £91,768 | £696,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £120,000 | £120,000 | 4 HARGREAVES FOLD LANE |
| 25 Sep 2023 | £138,043 | £135,000 | 61 FOXHILL DRIVE |
| 29 Mar 2022 | £88,734 | £85,000 | 87 FOXHILL DRIVE |
| 22 Dec 2021 | £159,738 | £148,000 | 17 FOXHILL DRIVE |
| 21 Dec 2021 | £402,042 | £372,500 | 2 PINCH CLOUGH ROAD |
This house has a floor area of 263 sq meters or 2,830 sq feet when measured on 22 Jun 2017. Using an estimated price of £706,601 means this house is valued at £2,686 per sq meter (£249 per sq foot).
The average size of a house on COAL PIT LANE is 215 sq meters (2,324 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coal Pit Lane |
| Jun 2024 | Theft from the person | Under investigation | On or near Shaw Clough Road |
| May 2024 | Anti-social behaviour | On or near Shaw Clough Road | |
| May 2024 | Anti-social behaviour | On or near Shaw Clough Road | |
| May 2024 | Anti-social behaviour | On or near Shaw Clough Road |