£120,199
This estimated value is based upon the latest sale price for the house of £90,000 on 16 Jun 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £90,000 | 16 Jun 2016 |
| £45,000 | 28 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2016 the House Price Index for LANCASHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £90,000 results in an estimated price of approximately £120,199.
| 16 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £90,000 | £30,199 | £120,199 |
The Postcode Pricing Model uses changes in average sales price within the BB2 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 | 18.621 % | £16,759 | £106,759 |
| 3 Month Average | 30.054 % | £27,048 | £117,048 |
| 6 Month Average | 37.608 % | £33,846 | £123,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £79,064 | £78,000 | 61 ST PHILIPS STREET |
| 21 Jul 2023 | £75,010 | £74,000 | 3 COURT, 9 LANSDOWNE STREET |
| 27 Apr 2023 | £148,600 | £147,000 | 25 BELGRAVE CLOSE |
| 19 Apr 2023 | £83,398 | £82,500 | 20 CAVENDISH PLACE |
| 3 Mar 2023 | £109,027 | £108,000 | 7 ST PHILIPS STREET |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 19 Feb 2016. Using an estimated price of £120,199 means this house is valued at £785 per sq meter (£72 per sq foot).
The average size of a house on CAVENDISH PLACE is 96 sq meters (1,041 sq feet).
This house is the largest in the street with a floor area of 153 sq meters (1,646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lansdowne Street |