£112,788
This estimated value is based upon the latest sale price for the house of £20,000 on 14 Jun 1996. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £20,000 | 14 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 June 1996 the House Price Index for LANCASHIRE was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £20,000 results in an estimated price of approximately £112,788.
| 14 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £20,000 | £92,788 | £112,788 |
The Postcode Pricing Model uses changes in average sales price within the BB1 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 | 158.488 % | £31,697 | £51,697 |
| 3 Month Average | 298.502 % | £59,700 | £79,700 |
| 6 Month Average | 302.493 % | £60,498 | £80,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £186,621 | £185,000 | 65 PALMER ROAD |
| 7 Dec 2023 | £134,121 | £130,000 | 25 PALMER ROAD |
| 30 Oct 2023 | £51,162 | £50,000 | 1 PALMER ROAD |
| 29 Sep 2023 | £117,592 | £115,000 | 5 LANGHAM ROAD |
| 7 Jun 2023 | £153,067 | £150,000 | 11 HOLLAND STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Apr 2014. Using an estimated price of £112,789 means this house is valued at £1,267 per sq meter (£117 per sq foot).
The average size of a house on PALMER ROAD is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Park Avenue |
| Apr 2024 | Anti-social behaviour | On or near Palmer Road | |
| Apr 2024 | Anti-social behaviour | On or near Palmer Road | |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Palmer Road |
| Apr 2024 | Anti-social behaviour | On or near Palmer Road |