£123,010
This estimated value is based upon the latest sale price for the house of £99,450 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£99,450 | 24 Aug 2018 |
£38,950 | 4 Sep 1995 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 August 2018 the House Price Index for LANCASHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £99,450 results in an estimated price of approximately £123,010.
24 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £99,450 | £23,560 | £123,010 |
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 | 68.252 % | £67,876 | £167,326 |
3 Month Average | 47.940 % | £47,676 | £147,126 |
6 Month Average | 59.365 % | £59,038 | £158,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £129,924 | £128,000 | 10 DENTON STREET |
4 Sep 2023 | £136,748 | £135,000 | 8 DENTON STREET |
25 Aug 2023 | £136,191 | £135,000 | 32 DENTON STREET |
24 Mar 2023 | £145,370 | £144,000 | 27 DENTON STREET |
9 Sep 2022 | £123,949 | £124,950 | 3 FEDERATION STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 23 May 2018. Using an estimated price of £123,010 means this house is valued at £1,149 per sq meter (£106 per sq foot).
The average size of a house on DENTON STREET is 97 sq meters (1,044 sq feet).