£165,640
This estimated value is based upon the latest sale price for the house of £135,000 on 9 Sep 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 9 Sep 2019 |
| £90,000 | 24 Apr 2009 |
| Terraced |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 September 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £135,000 results in an estimated price of approximately £165,640.
| 9 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £135,000 | £30,640 | £165,640 |
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 | 48.811 % | £65,894 | £200,894 |
| 3 Month Average | 23.531 % | £31,767 | £166,767 |
| 6 Month Average | 18.666 % | £25,198 | £160,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £356,233 | £350,000 | BEECHMOUNT GEORGE STREET |
| 17 Nov 2023 | £144,641 | £142,500 | 13 GEORGE STREET |
| 28 Sep 2023 | £136,748 | £135,000 | FLAT 1 2 EDWARD DRIVE |
| 7 Aug 2023 | £137,200 | £136,000 | FLAT 12 1 STEPHEN MEWS |
| 24 Mar 2023 | £131,236 | £130,000 | 7 KAY STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 Jun 2019. Using an estimated price of £165,640 means this house is valued at £1,926 per sq meter (£178 per sq foot).
The average size of a house on GEORGE STREET is 103 sq meters (1,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kay Street |
| Jan 2024 | Vehicle crime | Under investigation | On or near Elizabeth Court |
| Apr 2024 | Anti-social behaviour | On or near Fort Street | |
| Apr 2024 | Anti-social behaviour | On or near Fort Street | |
| Apr 2024 | Anti-social behaviour | On or near Fort Street |