£112,859
This estimated value is based upon the latest sale price for the house of £59,000 on 29 Oct 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£59,000 | 29 Oct 2004 |
Terraced |
Leasehold |
Floor Area: 74 sq meters or 802 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 2004 the House Price Index for LANCASHIRE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £59,000 results in an estimated price of approximately £112,859.
29 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £59,000 | £53,859 | £112,859 |
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 | 97.610 % | £57,589 | £116,589 |
3 Month Average | 103.724 % | £61,196 | £120,196 |
6 Month Average | 100.514 % | £59,303 | £118,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Oct 2023 | £81,859 | £80,000 | 3 SPENCER STREET |
25 Aug 2023 | £95,727 | £94,000 | 142 BOLD STREET |
11 Aug 2023 | £117,112 | £115,000 | 105 BOLD STREET |
27 Jun 2023 | £122,454 | £120,000 | 11 SPENCER STREET |
27 Feb 2023 | £123,827 | £123,000 | 43 SPENCER STREET |
This house has a floor area of 74 sq meters or 802 sq feet when measured on 30 Apr 2010. Using an estimated price of £112,859 means this house is valued at £1,512 per sq meter (£140 per sq foot).
The average size of a house on BOLD STREET is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Street |
Jun 2024 | Other theft | Under investigation | On or near Spencer Street |
May 2024 | Anti-social behaviour | On or near Spencer Street | |
May 2024 | Anti-social behaviour | On or near Spencer Street | |
May 2024 | Anti-social behaviour | On or near Spencer Street |