£51,592
This estimated value is based upon the latest sale price for the house of £42,000 on 15 Jul 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £42,000 | 15 Jul 2019 |
| £37,000 | 3 Dec 2013 |
| Terraced |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 July 2019 the House Price Index for LANCASHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £42,000 results in an estimated price of approximately £51,592.
| 15 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £42,000 | £9,592 | £51,592 |
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 | 64.217 % | £26,971 | £68,971 |
| 3 Month Average | 28.755 % | £12,077 | £54,077 |
| 6 Month Average | 28.459 % | £11,952 | £53,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £74,453 | £74,000 | 25 CARTER STREET |
| 7 Jul 2023 | £54,516 | £54,000 | 20 CARTER STREET |
| 8 Nov 2022 | £72,819 | £74,000 | 23 MARSDEN STREET |
| 19 Aug 2022 | £44,698 | £45,000 | 37 MARSDEN STREET |
| 31 May 2022 | £81,156 | £79,950 | 34 LYDIA STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 Feb 2013. Using an estimated price of £51,593 means this house is valued at £629 per sq meter (£58 per sq foot).
The average size of a house on MARSDEN STREET is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Marsden Street |
| Apr 2024 | Other crime | Under investigation | On or near Marsden Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Marsden Street |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Marsden Street |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Marsden Street |