£46,505
This estimated value is based upon the latest sale price for the house of £37,000 on 25 Oct 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £37,000 | 25 Oct 2017 |
| £35,000 | 9 Aug 2004 |
| Terraced |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 2017 the House Price Index for LANCASHIRE was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £37,000 results in an estimated price of approximately £46,505.
| 25 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.0 | 25.690 % | £37,000 | £9,505 | £46,505 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | -2.185 % | £-808 | £36,191 |
| 3 Month Average | 0.105 % | £38 | £37,038 |
| 6 Month Average | 25.802 % | £9,546 | £46,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £44,572 | £44,000 | 22 RUTLAND STREET |
| 10 Feb 2022 | £67,890 | £65,000 | 34 NEWPORT STREET |
| 16 Dec 2021 | £61,996 | £58,100 | 40 NEWPORT STREET |
| 4 Oct 2021 | £44,079 | £39,999 | 24 RUTLAND STREET |
| 21 Sep 2021 | £429 | £400 | 13 NEWPORT STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Jul 2015. Using an estimated price of £46,505 means this house is valued at £574 per sq meter (£53 per sq foot).
The average size of a house on NEWPORT STREET is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newport Street |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Cumberland Street |
| Jan 2024 | Anti-social behaviour | On or near Cumberland Street | |
| Jan 2024 | Anti-social behaviour | On or near Cumberland Street | |
| Jan 2024 | Anti-social behaviour | On or near Cumberland Street |