£72,451
This estimated value is based upon the latest sale price for the house of £72,500 on 28 Feb 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£72,500 | 28 Feb 2023 |
£86,500 | 16 Feb 2007 |
£49,950 | 2 Jul 2004 |
£32,500 | 28 Nov 1997 |
Terraced |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 February 2023 the House Price Index for LANCASHIRE was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £72,500 results in an estimated price of approximately £72,451.
28 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £72,500 | £-48 | £72,451 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | -50.225 % | £-36,412 | £36,087 |
3 Month Average | -8.282 % | £-6,004 | £66,495 |
6 Month Average | 7.417 % | £5,377 | £77,877 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £120,896 | £119,350 | 1 FERNDALE STREET |
21 Jul 2023 | £93,255 | £92,000 | 54 FERNDALE STREET |
7 Jul 2023 | £77,037 | £76,000 | 99 BASNETT STREET |
28 Feb 2023 | £72,451 | £72,500 | 53 MELVILLE STREET |
23 Jan 2023 | £99,531 | £100,000 | 152 MELVILLE STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Dec 2013. Using an estimated price of £72,451 means this house is valued at £770 per sq meter (£71 per sq foot).
The average size of a house on MELVILLE STREET is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Street |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ennismore Street |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ennismore Street |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Basnett Street |