£163,540
This estimated value is based upon the latest sale price for the house of £105,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £105,000 | 16 May 2014 |
| £92,000 | 15 Jul 2005 |
| £36,500 | 8 Mar 2002 |
| Terraced |
| Leasehold |
| 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 May 2014 the House Price Index for LANCASHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £105,000 results in an estimated price of approximately £163,540.
| 16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £105,000 | £58,540 | £163,540 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | 28.735 % | £30,172 | £135,172 |
| 3 Month Average | 24.454 % | £25,676 | £130,676 |
| 6 Month Average | 37.419 % | £39,289 | £144,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £180,000 | £180,000 | 14 BRENTWOOD AVENUE |
| 30 Apr 2024 | £131,139 | £130,000 | 60 ROSEHILL ROAD |
| 1 Mar 2024 | £200,074 | £197,000 | 66 ROSEHILL ROAD |
| 22 Nov 2023 | £112,865 | £110,000 | 65 ROSEHILL ROAD |
| 15 Sep 2023 | £189,170 | £185,000 | 56 SHAFTESBURY AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 16 Nov 2013. Using an estimated price of £163,541 means this house is valued at £2,151 per sq meter (£199 per sq foot).
The average size of a house on SHAFTESBURY AVENUE is 84 sq meters (908 sq feet).