£197,479
This estimated value is based upon the latest sale price for the house of £97,000 on 16 Apr 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £97,000 | 16 Apr 2004 |
| £82,000 | 28 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 841 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 April 2004 the House Price Index for LANCASHIRE was 72.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 103.587%.Applying this 103.587% change to the original purchase price of £97,000 results in an estimated price of approximately £197,479.
| 16 Apr 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.0 | 103.587 % | £97,000 | £100,479 | £197,479 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 192.189 % | £186,423 | £283,423 |
| 3 Month Average | 50.721 % | £49,199 | £146,199 |
| 6 Month Average | 76.018 % | £73,737 | £170,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £172,211 | £170,000 | 26 ASHTON DRIVE |
| 15 Mar 2023 | £186,005 | £185,000 | 11A CLARE ROAD |
| 15 Nov 2022 | £196,809 | £200,000 | 34 TORRISHOLME ROAD |
| 1 Nov 2022 | £186,968 | £190,000 | 10 PEEL AVENUE |
| 31 Mar 2022 | £144,491 | £140,000 | 15 PEEL AVENUE |
This house has a floor area of 78 sq meters or 841 sq feet when measured on 20 May 2011. Using an estimated price of £197,479 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on PEEL AVENUE is 76 sq meters (820 sq feet).