£125,644
This estimated value is based upon the latest sale price for the house of £101,000 on 17 Sep 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£101,000 | 17 Sep 2018 |
£84,000 | 29 Apr 2005 |
£59,995 | 17 Nov 2003 |
£47,500 | 22 Jun 2001 |
Terraced |
Leasehold |
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 September 2018 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £101,000 results in an estimated price of approximately £125,644.
17 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £101,000 | £24,644 | £125,644 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 5.108 % | £5,159 | £106,159 |
3 Month Average | 24.737 % | £24,984 | £125,984 |
6 Month Average | 24.281 % | £24,523 | £125,523 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £126,950 | £125,000 | 1 RAWTENSTALL ROAD END |
10 Mar 2023 | £208,482 | £205,000 | 552 MANCHESTER ROAD |
27 Feb 2023 | £161,076 | £160,000 | 517 MANCHESTER ROAD |
29 Sep 2022 | £164,890 | £165,000 | 5 LANESIDE CLOSE |
16 Aug 2022 | £200,940 | £200,000 | 498 MANCHESTER ROAD |