£80,474
This estimated value is based upon the latest sale price for the house of £61,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£61,000 | 7 Oct 2016 |
Terraced |
Leasehold |
Floor Area: 95 sq meters or 1,022 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 2016 the House Price Index for LANCASHIRE was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £61,000 results in an estimated price of approximately £80,474.
7 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.0 | 31.926 % | £61,000 | £19,474 | £80,474 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 15.719 % | £9,588 | £70,588 |
3 Month Average | 23.758 % | £14,492 | £75,492 |
6 Month Average | 24.302 % | £14,824 | £75,824 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £86,105 | £85,000 | 104 LIME ROAD |
14 Jul 2023 | £163,547 | £162,000 | 48 QUEENS ROAD |
15 Jul 2022 | £109,852 | £110,000 | 68 OWEN STREET |
18 May 2022 | £108,107 | £106,500 | 13 NUTTER ROAD |
11 Feb 2022 | £99,224 | £95,000 | 124 LIME ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Jul 2016. Using an estimated price of £80,475 means this house is valued at £847 per sq meter (£78 per sq foot).
The average size of a house on NUTTER ROAD is 104 sq meters (1,124 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Nutter Road | |
Feb 2024 | Anti-social behaviour | On or near Nutter Road | |
Feb 2024 | Anti-social behaviour | On or near Nutter Road | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nutter Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nutter Road |