£82,099
This estimated value is based upon the latest sale price for the house of £48,000 on 15 Oct 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £48,000 | 15 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2012 the House Price Index for LANCASHIRE was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £48,000 results in an estimated price of approximately £82,099.
| 15 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £48,000 | £34,099 | £82,099 |
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 | 56.034 % | £26,896 | £74,896 |
| 3 Month Average | 52.453 % | £25,177 | £73,177 |
| 6 Month Average | 44.979 % | £21,589 | £69,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £63,615 | £62,000 | 20 CLAREMONT ROAD |
| 24 Mar 2023 | £111,868 | £110,000 | 12 RIBBLESDALE AVENUE |
| 19 Oct 2022 | £216,776 | £217,500 | 10 HAWKSWORTH ROAD |
| 2 Sep 2022 | £129,863 | £129,950 | 48 WEST CRESCENT |
| 19 Aug 2022 | £135,634 | £135,000 | 2 LANESIDE AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 Aug 2012. Using an estimated price of £82,099 means this house is valued at £1,066 per sq meter (£99 per sq foot).
The average size of a house on HAYWOOD ROAD is 83 sq meters (903 sq feet).