£45,334
This estimated value is based upon the latest sale price for the house of £19,000 on 15 May 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £19,000 | 15 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2003 the House Price Index for LANCASHIRE was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £19,000 results in an estimated price of approximately £45,334.
| 15 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £19,000 | £26,334 | £45,334 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | 281.274 % | £53,442 | £72,442 |
| 3 Month Average | 283.371 % | £53,840 | £72,840 |
| 6 Month Average | 277.017 % | £52,633 | £71,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £79,692 | £79,000 | 21 HOPE STREET |
| 22 Aug 2023 | £32,588 | £32,000 | 33 ST MARYS STREET |
| 29 Mar 2023 | £81,359 | £80,000 | 2 VICTORIA STREET |
| 25 Jan 2023 | £63,169 | £63,000 | 15 BISHOP STREET |
| 5 Oct 2022 | £49,834 | £50,000 | 7 ST MARYS STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 2 Dec 2015. Using an estimated price of £45,335 means this house is valued at £482 per sq meter (£44 per sq foot).
The average size of a house on HOPE STREET is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Claremont Terrace |
| Nov 2024 | Other crime | Under investigation | On or near Claremont Terrace |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Claremont Terrace |
| Aug 2024 | Anti-social behaviour | On or near Claremont Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Claremont Terrace |