£148,814
This estimated value is based upon the latest sale price for the house of £110,000 on 11 May 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 11 May 2016 |
| Terraced |
| Leasehold |
| Floor Area: 73 sq meters or 791 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 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 £110,000 results in an estimated price of approximately £148,814.
| 11 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £110,000 | £38,814 | £148,814 |
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 % | £-6,850 | £103,149 |
| 3 Month Average | 41.713 % | £45,884 | £155,884 |
| 6 Month Average | 35.898 % | £39,487 | £149,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £445,000 | £445,000 | 212 WHALLEY ROAD |
| 27 Oct 2023 | £163,667 | £159,950 | 4 PARK STREET |
| 26 Sep 2023 | £143,156 | £140,000 | 138 WHALLEY ROAD |
| 8 Sep 2023 | £132,930 | £130,000 | 137 WHALLEY ROAD |
| 18 Aug 2023 | £160,393 | £157,500 | 81 WHALLEY ROAD |
This house has a floor area of 73 sq meters or 791 sq feet when measured on 16 Feb 2009. Using an estimated price of £148,814 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on WHALLEY ROAD is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Hall Street | |
| Jul 2024 | Anti-social behaviour | On or near Hall Street | |
| Jul 2024 | Anti-social behaviour | On or near Hall Street | |
| Jul 2024 | Other theft | Under investigation | On or near Hall Street |
| Jul 2024 | Anti-social behaviour | On or near Hall Street |