£134,691
This estimated value is based upon the latest sale price for the house of £125,500 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£125,500 | 17 Sep 2021 |
£104,000 | 29 Sep 2006 |
£46,000 | 8 Nov 2002 |
£39,950 | 14 Nov 1997 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £125,500 results in an estimated price of approximately £134,691.
17 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.0 | 7.324 % | £125,500 | £9,191 | £134,691 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | -13.640 % | £-17,118 | £108,381 |
3 Month Average | -12.953 % | £-16,256 | £109,243 |
6 Month Average | -10.649 % | £-13,364 | £112,135 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2023 | £147,193 | £146,000 | 20 MAYLANDS SQUARE |
17 Mar 2023 | £162,378 | £161,500 | 6 NETHERLANDS ROAD |
25 Mar 2022 | £175,453 | £170,000 | 14 NETHERLANDS ROAD |
4 Jan 2022 | £159,320 | £152,000 | 2 NETHERLANDS ROAD |
12 Nov 2021 | £113,100 | £105,000 | 15 NETHERLANDS ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Aug 2021. Using an estimated price of £134,692 means this house is valued at £1,772 per sq meter (£164 per sq foot).
The average size of a house on MAYLANDS SQUARE is 87 sq meters (938 sq feet).