£102,885
This estimated value is based upon the latest sale price for the house of £87,000 on 21 Sep 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £87,000 | 21 Sep 2020 |
| £69,000 | 5 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2020 the House Price Index for LANCASHIRE was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £87,000 results in an estimated price of approximately £102,885.
| 21 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £87,000 | £15,885 | £102,885 |
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 | 71.165 % | £61,913 | £148,913 |
| 3 Month Average | 43.632 % | £37,959 | £124,959 |
| 6 Month Average | 36.441 % | £31,704 | £118,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £89,697 | £88,000 | 233 STANLEY STREET |
| 24 Nov 2023 | £75,975 | £75,000 | 174 STANLEY STREET |
| 25 Aug 2023 | £75,459 | £75,000 | 192 STANLEY STREET |
| 16 Jun 2023 | £81,662 | £81,000 | 254 WATER STREET |
| 1 Jun 2023 | £70,572 | £70,000 | 182 STANLEY STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 Sep 2014. Using an estimated price of £102,885 means this house is valued at £1,130 per sq meter (£105 per sq foot).
The average size of a house on AVENUE PARADE is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Surrey Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Surrey Street |