£54,781
This estimated value is based upon the latest sale price for the house of £17,300 on 20 Dec 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£17,300 | 20 Dec 2001 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 586 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 December 2001 the House Price Index for LANCASHIRE was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £17,300 results in an estimated price of approximately £54,781.
20 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 148.6 | 216.655 % | £17,300 | £37,481 | £54,781 |
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 | 252.658 % | £43,709 | £61,009 |
3 Month Average | 232.774 % | £40,269 | £57,569 |
6 Month Average | 207.782 % | £35,946 | £53,246 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £234,096 | £230,000 | 4 EAST PARADE |
13 Nov 2023 | £126,878 | £125,000 | 42 NEWCHURCH ROAD |
6 Sep 2023 | £167,137 | £165,000 | 17 GRANGE TERRACE |
1 Sep 2023 | £278,562 | £275,000 | 14 HIGHER MILL STREET |
30 Jun 2023 | £273,311 | £270,000 | 26 HIGHER MILL STREET |
This house has a floor area of 54 sq meters or 586 sq feet when measured on 14 Jul 2009. Using an estimated price of £54,781 means this house is valued at £1,004 per sq meter (£93 per sq foot).
The average size of a house on EAST PARADE is 66 sq meters (713 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near East Parade | |
Jan 2024 | Anti-social behaviour | On or near East Parade | |
Jan 2024 | Anti-social behaviour | On or near East Parade | |
Jan 2024 | Anti-social behaviour | On or near East Parade | |
Jan 2024 | Anti-social behaviour | On or near Daisy Hill |