£159,569
This estimated value is based upon the latest sale price for the house of £42,000 on 20 Apr 2000. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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21 Navigation Business Village, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YP
Phone: 02080332574
Price Paid | Date |
---|---|
£42,000 | 20 Apr 2000 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 April 2000 the House Price Index for LANCASHIRE was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £42,000 results in an estimated price of approximately £159,569.
20 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 148.6 | 279.926 % | £42,000 | £117,569 | £159,569 |
The Postcode Pricing Model uses changes in average sales price within the PR1 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 | 217.438 % | £91,323 | £133,323 |
3 Month Average | 226.411 % | £95,092 | £137,092 |
6 Month Average | 225.915 % | £94,884 | £136,884 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £107,944 | £107,000 | 6 BROUGHTON STREET |
20 Jul 2023 | £100,857 | £99,500 | 24 OTWAY STREET |
16 Jun 2023 | £121,471 | £120,000 | 2 BROUGHTON STREET |
27 Mar 2023 | £101,961 | £101,000 | 60 CAMBRIDGE STREET |
17 Feb 2023 | £97,934 | £98,000 | 57 BROUGHTON STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 5 Jun 2014. Using an estimated price of £159,569 means this house is valued at £1,662 per sq meter (£154 per sq foot).
The average size of a house on CAMBRIDGE STREET is 77 sq meters (830 sq feet).