£103,170
This estimated value is based upon the latest sale price for the house of £100,000 on 11 Dec 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 11 Dec 2023 |
| £41,000 | 17 Dec 2003 |
| £41,000 | 17 Dec 2003 |
| Terraced |
| Leasehold |
| Floor Area: 60 sq meters or 654 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 December 2023 the House Price Index for LANCASHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £100,000 results in an estimated price of approximately £103,170.
| 11 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £100,000 | £3,170 | £103,170 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 91.150 % | £91,150 | £191,150 |
| 3 Month Average | 44.641 % | £44,641 | £144,641 |
| 6 Month Average | 15.628 % | £15,628 | £115,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £121,872 | £120,000 | 105 CHATSWORTH ROAD |
| 15 Dec 2023 | £82,536 | £80,000 | 143 WESTMINSTER ROAD |
| 11 Dec 2023 | £103,170 | £100,000 | 116 CHATSWORTH ROAD |
| 1 Aug 2023 | £137,480 | £135,000 | 130 WESTMINSTER ROAD |
| 29 Jun 2023 | £161,231 | £158,000 | 125 WESTMINSTER ROAD |
This house has a floor area of 60 sq meters or 654 sq feet when measured on 28 Apr 2010. Using an estimated price of £103,170 means this house is valued at £1,696 per sq meter (£157 per sq foot).
The average size of a house on CHATSWORTH ROAD is 128 sq meters (1,380 sq feet).