£74,595
This estimated value is based upon the latest sale price for the house of £59,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Rutland Street
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Price Paid | Date |
---|---|
£59,000 | 26 Jan 2018 |
£16,000 | 17 Jan 2002 |
Terraced |
Leasehold |
Floor Area: 131 sq meters or 1,410 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 January 2018 the House Price Index for LANCASHIRE was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £59,000 results in an estimated price of approximately £74,595.
26 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £59,000 | £15,595 | £74,595 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | 19.760 % | £11,658 | £70,658 |
3 Month Average | 32.898 % | £19,409 | £78,409 |
6 Month Average | 31.010 % | £18,296 | £77,296 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Apr 2024 | £58,508 | £58,000 | 22 RUTLAND STREET |
14 Dec 2023 | £49,006 | £47,500 | 17 REEDYFORD ROAD |
25 Oct 2023 | £47,069 | £46,000 | 1 REEDYFORD ROAD |
30 Mar 2023 | £69,155 | £68,000 | 7 REEDYFORD ROAD |
1 Aug 2022 | £52,244 | £52,000 | 10 RUTLAND STREET |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 31 Jan 2017. Using an estimated price of £74,596 means this house is valued at £569 per sq meter (£52 per sq foot).
The average size of a house on RUTLAND STREET is 73 sq meters (796 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Rutland Street |
Jul 2024 | Burglary | Under investigation | On or near Rutland Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rutland Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rutland Street |
May 2024 | Public order | Local resolution | On or near Rutland Street |