£1,029,361
This estimated value is based upon the latest sale price for the house of £618,000 on 19 Jun 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £618,000 | 19 Jun 2013 |
| Detached |
| Freehold |
| Floor Area: 326 sq meters or 3,514 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 June 2013 the House Price Index for LANCASHIRE was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £618,000 results in an estimated price of approximately £1,029,361.
| 19 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £618,000 | £411,361 | £1,029,361 |
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 | 19.583 % | £121,023 | £739,023 |
| 3 Month Average | 40.715 % | £251,620 | £869,620 |
| 6 Month Average | 46.513 % | £287,448 | £905,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £254,452 | £250,000 | 24 DOBBIN CLOSE |
| 21 Apr 2023 | £586,313 | £580,000 | PEEL EDGE DOBBIN LANE |
| 20 Jan 2023 | £160,245 | £161,000 | 290 BACUP ROAD |
| 25 Oct 2022 | £252,284 | £255,000 | 8 DOBBIN CLOSE |
| 6 May 2022 | £134,535 | £132,000 | 3 DOBBIN LANE |
This house has a floor area of 326 sq meters or 3,514 sq feet when measured on 22 Aug 2011. Using an estimated price of £1,029,361 means this house is valued at £3,152 per sq meter (£292 per sq foot).
The average size of a house on DOBBIN LANE is 175 sq meters (1,889 sq feet).
This house is the largest in the street with a floor area of 326 sq meters (3,514 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Dobbin Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peel Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Peel Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Peel Street |