£63,314
This estimated value is based upon the latest sale price for the house of £45,000 on 20 Oct 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £45,000 | 20 Oct 2015 |
| £30,000 | 4 Mar 2015 |
| £15,000 | 29 Jul 2014 |
| Terraced |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 October 2015 the House Price Index for LANCASHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £45,000 results in an estimated price of approximately £63,314.
| 20 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £45,000 | £18,314 | £63,314 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 68.898 % | £31,003 | £76,003 |
| 3 Month Average | 33.092 % | £14,891 | £59,891 |
| 6 Month Average | 32.674 % | £14,703 | £59,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £50,751 | £50,000 | 49 SHARPLES STREET |
| 3 Nov 2023 | £55,827 | £55,000 | 56 ELIZABETH STREET |
| 22 Sep 2023 | £60,777 | £60,000 | 69 EXCHANGE STREET |
| 28 Apr 2023 | £72,784 | £72,000 | 16 EXCHANGE STREET |
| 21 Nov 2022 | £72,126 | £73,000 | 17 EXCHANGE STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 15 Nov 2017. Using an estimated price of £63,314 means this house is valued at £646 per sq meter (£60 per sq foot).
The average size of a house on EXCHANGE STREET is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Street |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Elizabeth Street |