£119,459
This estimated value is based upon the latest sale price for the house of £90,000 on 3 Nov 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£90,000 | 3 Nov 2016 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 November 2016 the House Price Index for LANCASHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £90,000 results in an estimated price of approximately £119,459.
3 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £90,000 | £29,459 | £119,459 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | 109.168 % | £98,251 | £188,251 |
3 Month Average | 36.628 % | £32,965 | £122,965 |
6 Month Average | 22.288 % | £20,059 | £110,059 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £131,139 | £130,000 | 103 IRWELL |
11 Apr 2024 | £75,657 | £75,000 | 116 INSKIP |
22 Jun 2023 | £142,863 | £140,000 | 52 INSKIP |
14 Apr 2023 | £122,287 | £120,000 | 71 IRWELL |
14 Mar 2023 | £127,123 | £125,000 | 70 IRWELL |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 Jul 2016. Using an estimated price of £119,460 means this house is valued at £1,357 per sq meter (£126 per sq foot).
The average size of a house on IRWELL is 89 sq meters (959 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Irwell | |
Aug 2024 | Anti-social behaviour | On or near Irwell | |
Jul 2024 | Anti-social behaviour | On or near Irwell | |
Jul 2024 | Bicycle theft | Unable to prosecute suspect | On or near Irwell |
Jul 2024 | Anti-social behaviour | On or near Irwell |