£32,539
This estimated value is based upon the latest sale price for the house of £6,900 on 21 Apr 1998. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £6,900 | 21 Apr 1998 |
| 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 1998 the House Price Index for LANCASHIRE was 31.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 371.585%.Applying this 371.585% change to the original purchase price of £6,900 results in an estimated price of approximately £32,539.
| 21 Apr 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 148.0 | 371.585 % | £6,900 | £25,639 | £32,539 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 314.077 % | £21,671 | £28,571 |
| 3 Month Average | 301.567 % | £20,808 | £27,708 |
| 6 Month Average | 298.849 % | £20,620 | £27,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £62,703 | £63,000 | 26 WILFRED STREET |
| 17 Jan 2023 | £84,260 | £85,000 | 1 YORKSHIRE STREET |
| 12 Jan 2023 | £79,303 | £80,000 | 42 ROTHWELL AVENUE |
| 26 Sep 2022 | £59,279 | £60,000 | 30 BELFIELD ROAD |
| 26 Jan 2022 | £94,282 | £89,950 | 96 BELFIELD ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 5 Feb 2014. Using an estimated price of £32,539 means this house is valued at £524 per sq meter (£48 per sq foot).
The average size of a house on BELFIELD ROAD is 78 sq meters (845 sq feet).