£259,326
This estimated value is based upon the latest sale price for the house of £147,950 on 30 Oct 2009. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £147,950 | 30 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,499 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 2009 the House Price Index for LANCASHIRE was 84.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 75.280%.Applying this 75.280% change to the original purchase price of £147,950 results in an estimated price of approximately £259,326.
| 30 Oct 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.0 | 75.280 % | £147,950 | £111,376 | £259,326 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 0.831 % | £1,228 | £149,178 |
| 3 Month Average | 12.710 % | £18,804 | £166,754 |
| 6 Month Average | 29.804 % | £44,095 | £192,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £226,913 | £224,000 | 2 ROSSENDALE AVENUE |
| 21 Nov 2023 | £60,780 | £60,000 | FLAT 2 20 THORNTON ROAD |
| 30 Jun 2023 | £185,504 | £184,000 | 51 THORNTON ROAD |
| 27 Apr 2023 | £110,824 | £110,000 | 16 ROSSENDALE AVENUE |
| 6 Mar 2023 | £114,117 | £113,500 | FLAT 6 12 ROSSENDALE AVENUE |
This house has a floor area of 139 sq meters or 1,499 sq feet when measured on 20 Aug 2009. Using an estimated price of £259,326 means this house is valued at £1,861 per sq meter (£172 per sq foot).
The average size of a house on VICTORIA PARADE is 116 sq meters (1,252 sq feet).