£832,041
This estimated value is based upon the latest sale price for the house of £660,000 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £660,000 | 17 Nov 2017 |
| Freehold |
| Floor Area: 437 sq meters or 4,704 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 2017 the House Price Index for LANCASHIRE was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £660,000 results in an estimated price of approximately £832,041.
| 17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £660,000 | £172,041 | £832,041 |
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 | 3.988 % | £26,321 | £686,321 |
| 3 Month Average | 23.510 % | £155,163 | £815,163 |
| 6 Month Average | 27.338 % | £180,431 | £840,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £410,245 | £405,000 | REEDS FARM COTTAGE REEDS LANE |
| 31 Jul 2023 | £268,615 | £265,000 | 10 BILLINGTON AVENUE |
| 31 Oct 2022 | £217,656 | £220,000 | 3 MITTON AVENUE |
| 28 Oct 2022 | £277,017 | £280,000 | 7 MITTON AVENUE |
| 7 Sep 2022 | £1,041,589 | £1,050,000 | 25 MITTON AVENUE |
This house has a floor area of 437 sq meters or 4,704 sq feet when measured on 12 May 2011. Using an estimated price of £832,042 means this house is valued at £1,903 per sq meter (£176 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollin Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hollin Way |
| Mar 2024 | Anti-social behaviour | On or near Hollin Way | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hollin Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hollinwood Drive |