£171,291
This estimated value is based upon the latest sale price for the house of £139,000 on 31 Oct 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£139,000 | 31 Oct 2018 |
£150,000 | 20 Mar 2008 |
Terraced |
Leasehold |
Floor Area: 114 sq meters or 1,227 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 October 2018 the House Price Index for LANCASHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £139,000 results in an estimated price of approximately £171,291.
31 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £139,000 | £32,291 | £171,291 |
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 | 58.669 % | £81,550 | £220,550 |
3 Month Average | 49.701 % | £69,083 | £208,083 |
6 Month Average | 32.696 % | £45,448 | £184,448 |
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 |
15 Nov 2023 | £182,705 | £180,000 | 15 HENRY PLACE |
28 Sep 2023 | £136,748 | £135,000 | FLAT 1 2 EDWARD DRIVE |
7 Aug 2023 | £137,200 | £136,000 | FLAT 12 1 STEPHEN MEWS |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 19 Dec 2013. Using an estimated price of £171,291 means this house is valued at £1,502 per sq meter (£139 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 | Vehicle crime | Under investigation | On or near Elizabeth Court |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Edward Drive |
Jan 2024 | Vehicle crime | Under investigation | On or near Edward Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edward Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edward Drive |