£87,960
This estimated value is based upon the latest sale price for the house of £65,500 on 13 May 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£65,500 | 13 May 2016 |
£36,000 | 31 Jul 1995 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 904 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 May 2016 the House Price Index for LANCASHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £65,500 results in an estimated price of approximately £87,960.
13 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £65,500 | £22,460 | £87,960 |
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 | 5.586 % | £3,659 | £69,159 |
3 Month Average | 46.515 % | £30,467 | £95,967 |
6 Month Average | 68.762 % | £45,038 | £110,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £108,905 | £107,000 | 11 MANSERGH STREET |
7 Dec 2023 | £196,437 | £193,000 | 19 MILLBANK CRESCENT |
22 Sep 2023 | £133,710 | £132,000 | 9 RIBBLE AVENUE |
31 Aug 2023 | £149,306 | £148,000 | 7 CASTERTON AVENUE |
24 Apr 2023 | £141,524 | £140,000 | 12 CASTERTON AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 Mar 2015. Using an estimated price of £87,961 means this house is valued at £1,047 per sq meter (£97 per sq foot).
The average size of a house on KILLINGTON STREET is 99 sq meters (1,066 sq feet).