£129,455
This estimated value is based upon the latest sale price for the house of £98,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £98,000 | 16 Dec 2016 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 December 2016 the House Price Index for LANCASHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £98,000 results in an estimated price of approximately £129,455.
| 16 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £98,000 | £31,455 | £129,455 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | 55.539 % | £54,428 | £152,428 |
| 3 Month Average | 39.980 % | £39,180 | £137,180 |
| 6 Month Average | 30.119 % | £29,516 | £127,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £90,000 | £90,000 | 8 KILLINGTON STREET |
| 14 Dec 2023 | £110,392 | £107,000 | 11 MANSERGH STREET |
| 7 Dec 2023 | £199,119 | £193,000 | 19 MILLBANK CRESCENT |
| 31 Aug 2023 | £150,718 | £148,000 | 7 CASTERTON AVENUE |
| 24 Apr 2023 | £142,668 | £140,000 | 12 CASTERTON AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Oct 2016. Using an estimated price of £129,455 means this house is valued at £1,849 per sq meter (£171 per sq foot).
The average size of a house on MANSERGH STREET is 78 sq meters (846 sq feet).