£183,583
This estimated value is based upon the latest sale price for the house of £107,000 on 24 Aug 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£107,000 | 24 Aug 2012 |
£58,000 | 31 Mar 1995 |
Terraced |
Leasehold |
Floor Area: 189 sq meters or 2,037 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 August 2012 the House Price Index for LANCASHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £107,000 results in an estimated price of approximately £183,583.
24 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £107,000 | £76,583 | £183,583 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | 8.870 % | £9,491 | £116,491 |
3 Month Average | -9.491 % | £-10,154 | £96,845 |
6 Month Average | 12.125 % | £12,974 | £119,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £184,688 | £180,000 | 9 ROSEWOOD AVENUE |
23 Oct 2023 | £235,294 | £229,950 | 261 MANCHESTER ROAD |
28 Sep 2023 | £235,184 | £230,000 | 255 MANCHESTER ROAD |
15 Aug 2023 | £285,143 | £280,000 | 3 PARK AVENUE |
15 Aug 2023 | £356,429 | £350,000 | 4 PARK AVENUE |
This house has a floor area of 189 sq meters or 2,037 sq feet when measured on 24 Jan 2011. Using an estimated price of £183,583 means this house is valued at £969 per sq meter (£90 per sq foot).
The average size of a house on MANCHESTER ROAD is 95 sq meters (1,029 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Carr Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carr Road |
Jul 2024 | Anti-social behaviour | On or near Manchester Road | |
Jul 2024 | Anti-social behaviour | On or near Manchester Road | |
Jul 2024 | Anti-social behaviour | On or near Manchester Road |