£44,646
This estimated value is based upon the latest sale price for the house of £17,000 on 4 Oct 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £17,000 | 4 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 2002 the House Price Index for LANCASHIRE was 56.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 162.628%.Applying this 162.628% change to the original purchase price of £17,000 results in an estimated price of approximately £44,646.
| 4 Oct 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.0 | 162.628 % | £17,000 | £27,646 | £44,646 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | 156.703 % | £26,639 | £43,639 |
| 3 Month Average | 219.526 % | £37,319 | £54,319 |
| 6 Month Average | 253.654 % | £43,121 | £60,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £120,899 | £120,000 | 82 BARKERHOUSE ROAD |
| 23 Mar 2023 | £51,277 | £51,000 | 84 SMITH STREET |
| 3 Feb 2023 | £49,765 | £50,000 | 108 PINE STREET |
| 23 Aug 2022 | £74,497 | £75,000 | 70 PINE STREET |
| 25 Jul 2022 | £66,410 | £66,500 | 98 PINE STREET |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 16 Apr 2015. Using an estimated price of £44,647 means this house is valued at £295 per sq meter (£27 per sq foot).
The average size of a house on FIR STREET is 74 sq meters (802 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).