Full Address

BB11 5BB

Estimated Market Value


This estimated value is based upon the latest sale price for the house of £11,000 on 25 May 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE1

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Transactions for this house
Price PaidDate
£11,00025 May 2004
House Details

House Price Models

Land Registry House Price Index Model

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 2004 the House Price Index for LANCASHIRE was 75.7.

The House Price Index as of 1 Dec 2019 is 115.3 which is a change of 52.273%.

Applying this 52.273% change to the original purchase price of £11,000 gives us an estimated price now of around £16,750.

25 May 2004 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
75.7 115.3 52.273 % £11,000 £5,750 £16,750

The Postcode Pricing Model uses changes in average sales price within the BB11 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 711.472 % £78,261 £89,261
3 Month Average 214.245 % £23,566 £34,566
6 Month Average 175.221 % £19,274 £30,274
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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