£47,042
This estimated value is based upon the latest sale price for the house of £36,000 on 13 Jan 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£36,000 | 13 Jan 2017 |
£18,000 | 6 Dec 2016 |
£29,000 | 11 Feb 2015 |
Terraced |
Leasehold |
Floor Area: 74 sq meters or 796 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 January 2017 the House Price Index for LANCASHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £36,000 results in an estimated price of approximately £47,042.
13 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £36,000 | £11,042 | £47,042 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 94.321 % | £33,955 | £69,955 |
3 Month Average | 38.568 % | £13,884 | £49,884 |
6 Month Average | 27.086 % | £9,751 | £45,751 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £101,503 | £100,000 | 82 RICHMOND HILL STREET |
22 Sep 2023 | £40,518 | £40,000 | 8 HOPE STREET |
20 Sep 2023 | £52,963 | £52,286 | 88 RICHMOND HILL STREET |
9 Jun 2023 | £90,091 | £89,000 | 60 ORMEROD STREET |
3 Feb 2023 | £76,948 | £77,000 | 35 RICHMOND HILL STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Feb 2014. Using an estimated price of £47,042 means this house is valued at £635 per sq meter (£59 per sq foot).
The average size of a house on RICHMOND HILL STREET is 97 sq meters (1,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Richmond Hill Street | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Richmond Hill Street |
Jan 2024 | Anti-social behaviour | On or near Richmond Hill Street | |
Jan 2024 | Anti-social behaviour | On or near Richmond Hill Street | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Hill Street |