£106,340
This estimated value is based upon the latest sale price for the house of £57,500 on 8 May 2009. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £57,500 | 8 May 2009 |
| £57,000 | 1 Feb 2006 |
| £25,700 | 30 Nov 1998 |
| £24,500 | 10 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 460 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 2009 the House Price Index for LANCASHIRE was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £57,500 results in an estimated price of approximately £106,340.
| 8 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £57,500 | £48,840 | £106,340 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 70.165 % | £40,345 | £97,845 |
| 3 Month Average | 25.093 % | £14,428 | £71,928 |
| 6 Month Average | 38.139 % | £21,929 | £79,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jan 2023 | £84,601 | £85,000 | 10 ALICE STREET |
| 2 Sep 2022 | £138,879 | £140,000 | 12 BESSIE STREET |
| 25 Aug 2022 | £77,292 | £77,500 | 3 ALICE STREET |
| 29 Jul 2022 | £67,181 | £67,000 | 6 ALICE STREET |
| 15 Jul 2022 | £90,243 | £90,000 | 3 ROBERT STREET |
This house has a floor area of 42 sq meters or 460 sq feet when measured on 3 Feb 2009. Using an estimated price of £106,341 means this house is valued at £2,488 per sq meter (£231 per sq foot).
The average size of a house on COMMERCIAL STREET is 62 sq meters (670 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (460 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Commercial Street | |
| Dec 2023 | Anti-social behaviour | On or near Commercial Street | |
| Dec 2023 | Anti-social behaviour | On or near Commercial Street | |
| Dec 2023 | Anti-social behaviour | On or near Commercial Street | |
| Mar 2024 | Shoplifting | Under investigation | On or near St James' Square |