£156,259
This estimated value is based upon the latest sale price for the house of £100,000 on 22 Aug 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£100,000 | 22 Aug 2007 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 August 2007 the House Price Index for LANCASHIRE was 94.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.259%.Applying this 56.259% change to the original purchase price of £100,000 results in an estimated price of approximately £156,259.
22 Aug 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.0 | 56.259 % | £100,000 | £56,259 | £156,259 |
The Postcode Pricing Model uses changes in average sales price within the PR6 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 | 9.452 % | £9,451 | £109,451 |
3 Month Average | 31.757 % | £31,757 | £131,757 |
6 Month Average | 52.499 % | £52,498 | £152,498 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £175,593 | £175,000 | 25 CRANBOURNE DRIVE |
23 Nov 2023 | £102,313 | £101,000 | 18 CRANBOURNE STREET |
3 Nov 2023 | £344,422 | £340,000 | 29 CRANBOURNE DRIVE |
10 Feb 2023 | £160,242 | £161,000 | 7 CRANBOURNE STREET |
10 Feb 2023 | £94,553 | £95,000 | 75 BROOKE STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 30 Dec 2013. Using an estimated price of £156,259 means this house is valued at £1,953 per sq meter (£181 per sq foot).
The average size of a house on CRANBOURNE STREET is 78 sq meters (846 sq feet).