£245,421
This estimated value is based upon the latest sale price for the house of £230,000 on 6 Dec 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 6 Dec 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 December 2021 the House Price Index for LANCASHIRE was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £230,000 results in an estimated price of approximately £245,421.
| 6 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £230,000 | £15,421 | £245,421 |
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 | -12.638 % | £-29,066 | £200,933 |
| 3 Month Average | 6.194 % | £14,245 | £244,245 |
| 6 Month Average | 7.105 % | £16,341 | £246,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £250,847 | £250,000 | 23 GREENBANK STREET |
| 29 Jun 2023 | £12,602 | £12,500 | FALLBARN GARAGE FALLBARN CRESCENT |
| 10 Jun 2022 | £195,986 | £194,000 | 12 GREENBANK STREET |
| 14 Apr 2022 | £128,205 | £125,000 | 24 GREENBANK STREET |
| 6 Dec 2021 | £245,422 | £230,000 | 1 GARDENERS COTTAGE GREENBANK PARK |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 25 Aug 2021. Using an estimated price of £245,422 means this house is valued at £2,079 per sq meter (£193 per sq foot).
The average size of a house on GREENBANK PARK is 152 sq meters (1,644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rose Vale Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Greenbank Park |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Greenbank Park |