£166,827
This estimated value is based upon the latest sale price for the house of £96,500 on 20 Oct 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £96,500 | 20 Oct 2011 |
| £49,000 | 4 Sep 2002 |
| Terraced |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 October 2011 the House Price Index for LANCASHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £96,500 results in an estimated price of approximately £166,827.
| 20 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £96,500 | £70,327 | £166,827 |
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 | 29.820 % | £28,776 | £125,276 |
| 3 Month Average | 52.585 % | £50,744 | £147,244 |
| 6 Month Average | 49.656 % | £47,917 | £144,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £142,104 | £140,000 | 2 MOUNT TERRACE |
| 13 Nov 2023 | £206,051 | £203,000 | 5 HENRY STREET |
| 10 Nov 2023 | £157,329 | £155,000 | 2 HENRY STREET |
| 27 Jun 2023 | £216,624 | £214,000 | 7 PARRAMATTA STREET |
| 19 Jun 2023 | £182,207 | £180,000 | 18 MOUNT TERRACE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 7 Sep 2021. Using an estimated price of £166,828 means this house is valued at £1,489 per sq meter (£138 per sq foot).
The average size of a house on PARRAMATTA STREET is 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parramatta Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parramatta Street |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Parramatta Street |
| Dec 2023 | Anti-social behaviour | On or near Parramatta Street | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parramatta Street |