£146,211
This estimated value is based upon the latest sale price for the house of £142,500 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£142,500 | 17 Nov 2023 |
£126,750 | 20 Mar 2015 |
£142,500 | 26 Jan 2007 |
£62,500 | 2 May 2003 |
£35,500 | 27 Mar 1997 |
Terraced |
Leasehold |
Floor Area: 83 sq meters or 893 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 November 2023 the House Price Index for LANCASHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £142,500 results in an estimated price of approximately £146,211.
17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £142,500 | £3,711 | £146,211 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 23.082 % | £32,891 | £175,391 |
3 Month Average | 26.837 % | £38,243 | £180,743 |
6 Month Average | 13.413 % | £19,113 | £161,613 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £361,096 | £350,000 | BEECHMOUNT GEORGE STREET |
17 Nov 2023 | £146,211 | £142,500 | 13 GEORGE STREET |
15 Nov 2023 | £184,688 | £180,000 | 15 HENRY PLACE |
28 Sep 2023 | £138,043 | £135,000 | FLAT 1 2 EDWARD DRIVE |
7 Aug 2023 | £138,498 | £136,000 | FLAT 12 1 STEPHEN MEWS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 Dec 2014. Using an estimated price of £146,211 means this house is valued at £1,761 per sq meter (£163 per sq foot).
The average size of a house on GEORGE STREET is 103 sq meters (1,115 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near George Street |
Aug 2024 | Anti-social behaviour | On or near George Street | |
Aug 2024 | Anti-social behaviour | On or near George Street | |
Aug 2024 | Anti-social behaviour | On or near George Street | |
Aug 2024 | Anti-social behaviour | On or near George Street |