£127,556
This estimated value is based upon the latest sale price for the house of £125,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£125,000 | 30 Jun 2023 |
£85,000 | 14 Dec 2012 |
Terraced |
Leasehold |
Floor Area: 77 sq meters or 828 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 June 2023 the House Price Index for LANCASHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £125,000 results in an estimated price of approximately £127,556.
30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £125,000 | £2,556 | £127,556 |
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 | -32.891 % | £-41,113 | £83,886 |
3 Month Average | 22.334 % | £27,917 | £152,917 |
6 Month Average | 11.546 % | £14,432 | £139,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £149,290 | £145,500 | 53 MITCHELL STREET |
30 Jun 2023 | £127,556 | £125,000 | 20 FRANKLIN STREET |
3 Apr 2023 | £132,478 | £130,000 | 15 CORPORATION STREET |
6 Feb 2023 | £157,552 | £156,500 | 24A CORPORATION STREET |
18 Jan 2023 | £152,407 | £152,000 | 49 MITCHELL STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Nov 2012. Using an estimated price of £127,556 means this house is valued at £1,656 per sq meter (£153 per sq foot).
The average size of a house on FRANKLIN STREET is 89 sq meters (967 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Monk Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Monk Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Monk Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Monk Street |