£487,028
This estimated value is based upon the latest sale price for the house of £360,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £360,000 | 13 May 2016 |
| £290,000 | 17 Jul 2009 |
| £270,000 | 11 Nov 2005 |
| £100,000 | 3 Dec 1999 |
| £70,000 | 2 May 1996 |
| Terraced |
| 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 May 2016 the House Price Index for LANCASHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £360,000 results in an estimated price of approximately £487,028.
| 13 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £360,000 | £127,028 | £487,028 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | -6.227 % | £-22,418 | £337,581 |
| 3 Month Average | 41.713 % | £150,167 | £510,167 |
| 6 Month Average | 35.898 % | £129,232 | £489,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £149,290 | £145,500 | 53 MITCHELL STREET |
| 12 Jun 2023 | £188,783 | £185,000 | 115 WEST VIEW |
| 18 Jan 2023 | £152,407 | £152,000 | 49 MITCHELL STREET |
| 22 Jul 2022 | £106,063 | £105,000 | 17 MITCHELL STREET |
| 13 May 2022 | £189,949 | £185,000 | 9 WEST VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near West View | |
| Jun 2024 | Other theft | Under investigation | On or near West View |
| Jun 2024 | Drugs | Local resolution | On or near Wilson Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilson Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Street |