£111,065
This estimated value is based upon the latest sale price for the house of £70,000 on 14 Jun 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£70,000 | 14 Jun 2007 |
£11,000 | 3 Feb 1999 |
Terraced |
Leasehold |
Floor Area: 91 sq meters or 979 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 June 2007 the House Price Index for LANCASHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £70,000 results in an estimated price of approximately £111,065.
14 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £70,000 | £41,065 | £111,065 |
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 | 53.400 % | £37,379 | £107,379 |
3 Month Average | 16.450 % | £11,515 | £81,515 |
6 Month Average | 24.631 % | £17,241 | £87,241 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £86,277 | £85,000 | 5 ROBERT STREET |
4 Aug 2023 | £73,644 | £73,000 | 37 WILLIAM STREET |
21 Mar 2023 | £60,571 | £60,000 | 7 WILLIAM STREET |
3 Mar 2023 | £90,856 | £90,000 | 195 BURNLEY ROAD |
25 Aug 2022 | £47,871 | £48,000 | 47 ROBERT STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 May 2015. Using an estimated price of £111,065 means this house is valued at £1,220 per sq meter (£113 per sq foot).
The average size of a house on FOSTER STREET is 114 sq meters (1,234 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Foster Street |