£105,394
This estimated value is based upon the latest sale price for the house of £61,000 on 29 Jan 2010. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £61,000 | 29 Jan 2010 |
| £67,500 | 31 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 January 2010 the House Price Index for LANCASHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £61,000 results in an estimated price of approximately £105,394.
| 29 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.777 % | £61,000 | £44,394 | £105,394 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | 44.066 % | £26,880 | £87,880 |
| 3 Month Average | 52.366 % | £31,943 | £92,943 |
| 6 Month Average | 41.598 % | £25,375 | £86,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £144,438 | £140,000 | 100 ALBION STREET |
| 14 Sep 2023 | £163,709 | £160,100 | 94 ALBION STREET |
| 25 Apr 2023 | £132,478 | £130,000 | 51 SCOTT PARK ROAD |
| 27 Jan 2023 | £40,609 | £40,500 | 37 PRITCHARD STREET |
| 28 Nov 2022 | £647 | £650 | 39 SCOTT PARK ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 1 Oct 2008. Using an estimated price of £105,394 means this house is valued at £2,066 per sq meter (£191 per sq foot).
The average size of a house on ALBION COURT is 52 sq meters (565 sq feet).