£195,050
This estimated value is based upon the latest sale price for the house of £115,000 on 25 Jun 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£115,000 | 25 Jun 2012 |
£45,000 | 8 Jan 1997 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 925 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 2012 the House Price Index for LANCASHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £115,000 results in an estimated price of approximately £195,050.
25 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £115,000 | £80,050 | £195,050 |
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 | 75.573 % | £86,909 | £201,909 |
3 Month Average | 67.518 % | £77,646 | £192,646 |
6 Month Average | 49.821 % | £57,293 | £172,293 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £234,979 | £231,500 | 11 VICTORIA STREET |
28 Jul 2023 | £116,569 | £115,000 | 2 PRIMROSE STREET |
20 Jul 2023 | £168,265 | £166,000 | 34 VICTORIA STREET |
10 Feb 2023 | £175,037 | £175,155 | 42 NEWTON STREET |
27 Jun 2022 | £229,240 | £226,000 | 107 WEST VIEW |
This house has a floor area of 85 sq meters or 925 sq feet when measured on 18 Aug 2011. Using an estimated price of £195,051 means this house is valued at £2,269 per sq meter (£210 per sq foot).
The average size of a house on VICTORIA STREET is 101 sq meters (1,093 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Fort Street | |
Apr 2024 | Anti-social behaviour | On or near Fort Street | |
Apr 2024 | Anti-social behaviour | On or near Fort Street | |
Apr 2024 | Anti-social behaviour | On or near Fort Street | |
Apr 2024 | Anti-social behaviour | On or near Fort Street |