£204,748
This estimated value is based upon the latest sale price for the house of £169,995 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£169,995 | 20 Mar 2020 |
Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 March 2020 the House Price Index for LANCASHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £169,995 results in an estimated price of approximately £204,748.
20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £169,995 | £34,753 | £204,748 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 330.774 % | £562,298 | £732,293 |
3 Month Average | -2.878 % | £-4,892 | £165,102 |
6 Month Average | 1.741 % | £2,959 | £172,954 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £223,001 | £220,000 | 76 KIDDROW LANE |
5 Jun 2023 | £161,962 | £160,000 | 52 KIDDROW LANE |
31 Mar 2023 | £656,182 | £650,000 | EAVES HALL REST HOME KIDDROW LANE |
31 Mar 2023 | £252,378 | £250,000 | 5 FOSTER DRIVE |
17 Jun 2022 | £258,655 | £255,000 | 19 MANDERS CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 4 Mar 2020. Using an estimated price of £204,748 means this house is valued at £2,559 per sq meter (£237 per sq foot).
The average size of a house on COLVIN WAY is 110 sq meters (1,192 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).