£263,061
This estimated value is based upon the latest sale price for the house of £236,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£236,000 | 8 Oct 2021 |
£183,500 | 6 Jul 2007 |
£130,000 | 11 Apr 2003 |
£64,000 | 27 Nov 1997 |
Terraced |
Leasehold |
Floor Area: 119 sq meters or 1,280 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 2021 the House Price Index for LANCASHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £236,000 results in an estimated price of approximately £263,061.
8 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £236,000 | £27,061 | £263,061 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 16.211 % | £38,258 | £274,258 |
3 Month Average | -12.138 % | £-28,645 | £207,354 |
6 Month Average | 2.131 % | £5,028 | £241,028 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £171,637 | £169,000 | 7 CHESTER AVENUE |
10 Nov 2023 | £200,079 | £195,000 | 16 PARK AVENUE |
17 Oct 2023 | £185,206 | £181,000 | 2 BRENNAND STREET |
5 Oct 2023 | £225,113 | £220,000 | 7 ST MARYS STREET |
21 Apr 2023 | £183,426 | £179,995 | 5 CHESTER AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 19 May 2021. Using an estimated price of £263,062 means this house is valued at £2,210 per sq meter (£205 per sq foot).
The average size of a house on RAILWAY VIEW ROAD is 119 sq meters (1,285 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near St Mary'S Street | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Railway View Road |
Jun 2024 | Anti-social behaviour | On or near Railway View Road | |
Jun 2024 | Anti-social behaviour | On or near Railway View Road | |
Jun 2024 | Anti-social behaviour | On or near Railway View Road |