£81,976
This estimated value is based upon the latest sale price for the house of £18,250 on 1 Apr 1999. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £18,250 | 1 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 1999 the House Price Index for LANCASHIRE was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £18,250 results in an estimated price of approximately £81,976.
| 1 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £18,250 | £63,726 | £81,976 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 461.920 % | £84,300 | £102,550 |
| 3 Month Average | 287.919 % | £52,545 | £70,795 |
| 6 Month Average | 279.891 % | £51,080 | £69,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £214,078 | £207,500 | 8 CORNMILL PLACE |
| 6 Apr 2023 | £183,431 | £180,000 | 70 SKIPTON ROAD |
| 10 Mar 2023 | £66,104 | £65,000 | 21 POWELL STREET |
| 28 Feb 2023 | £178,694 | £177,500 | 18 CORNMILL PLACE |
| 30 Jan 2023 | £160,379 | £159,950 | 14 LOWER WEST AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 Jul 2015. Using an estimated price of £81,976 means this house is valued at £964 per sq meter (£89 per sq foot).
The average size of a house on POWELL STREET is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Powell Street |