£160,766
This estimated value is based upon the latest sale price for the house of £130,000 on 29 Apr 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£130,000 | 29 Apr 2020 |
£118,000 | 17 Oct 2008 |
£118,000 | 17 Oct 2008 |
£49,950 | 6 Nov 2001 |
Terraced |
Leasehold |
Floor Area: 79 sq meters or 850 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 April 2020 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £130,000 results in an estimated price of approximately £160,766.
29 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.667 % | £130,000 | £30,766 | £160,766 |
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 | -17.014 % | £-22,117 | £107,882 |
3 Month Average | 13.710 % | £17,822 | £147,822 |
6 Month Average | 21.500 % | £27,949 | £157,949 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £361,096 | £350,000 | BEECHMOUNT GEORGE STREET |
17 Nov 2023 | £146,211 | £142,500 | 13 GEORGE STREET |
15 Nov 2023 | £184,688 | £180,000 | 15 HENRY PLACE |
28 Sep 2023 | £138,043 | £135,000 | FLAT 1 2 EDWARD DRIVE |
7 Aug 2023 | £138,498 | £136,000 | FLAT 12 1 STEPHEN MEWS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 24 Jan 2020. Using an estimated price of £160,767 means this house is valued at £2,035 per sq meter (£189 per sq foot).
The average size of a house on GEORGE STREET is 103 sq meters (1,115 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Drive |
Jul 2024 | Anti-social behaviour | On or near Kay Street | |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Kay Street |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Kay Street |
Jul 2024 | Anti-social behaviour | On or near Kay Street |