£56,986
This estimated value is based upon the latest sale price for the house of £38,500 on 10 Apr 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £38,500 | 10 Apr 2015 |
| £29,995 | 23 May 2003 |
| £14,000 | 31 Jan 2003 |
| Terraced |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 April 2015 the House Price Index for LANCASHIRE was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £38,500 results in an estimated price of approximately £56,986.
| 10 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £38,500 | £18,486 | £56,986 |
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 | 58.990 % | £22,711 | £61,211 |
| 3 Month Average | 64.377 % | £24,785 | £63,285 |
| 6 Month Average | 41.290 % | £15,896 | £54,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £103,000 | £103,000 | 8 THE COURTYARD |
| 1 Mar 2024 | £66,014 | £65,000 | 172 OXFORD ROAD |
| 24 Nov 2023 | £68,232 | £66,500 | 3 HUFLING COURT |
| 22 Jun 2022 | £235,024 | £230,000 | 147 TODMORDEN ROAD |
| 17 Jun 2022 | £196,194 | £192,000 | 1 THE COURTYARD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Aug 2020. Using an estimated price of £56,987 means this house is valued at £919 per sq meter (£85 per sq foot).
The average size of a house on HUFLING LANE is 76 sq meters (825 sq feet).