£129,114
This estimated value is based upon the latest sale price for the house of £75,000 on 8 Aug 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 8 Aug 2011 |
| Terraced |
| Leasehold |
| Floor Area: 79 sq meters or 851 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 2011 the House Price Index for LANCASHIRE was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.152%.Applying this 72.152% change to the original purchase price of £75,000 results in an estimated price of approximately £129,114.
| 8 Aug 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.152 % | £75,000 | £54,114 | £129,114 |
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 | 24.525 % | £18,393 | £93,393 |
| 3 Month Average | 41.896 % | £31,422 | £106,422 |
| 6 Month Average | 66.009 % | £49,506 | £124,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £137,299 | £136,000 | 50A PENNINE ROAD |
| 10 Mar 2023 | £138,750 | £138,000 | 15 PENNINE ROAD |
| 15 Jul 2022 | £123,333 | £123,500 | 13 PENNINE ROAD |
| 1 Jul 2022 | £122,335 | £122,500 | 10 FROOM STREET |
| 8 Apr 2022 | £76,923 | £75,000 | 51 PENNINE ROAD |
This house has a floor area of 79 sq meters or 851 sq feet when measured on 14 Apr 2011. Using an estimated price of £129,114 means this house is valued at £1,632 per sq meter (£151 per sq foot).
The average size of a house on FROOM STREET is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pennine Road |
| Apr 2024 | Other theft | Under investigation | On or near Froom Street |