£112,303
This estimated value is based upon the latest sale price for the house of £65,000 on 1 Feb 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£65,000 | 1 Feb 2012 |
Terraced |
Leasehold |
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 February 2012 the House Price Index for LANCASHIRE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £65,000 results in an estimated price of approximately £112,303.
1 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £65,000 | £47,303 | £112,303 |
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 | 56.943 % | £37,013 | £102,013 |
3 Month Average | 53.515 % | £34,785 | £99,785 |
6 Month Average | 43.431 % | £28,230 | £93,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2022 | £95,446 | £95,000 | 58 AITKEN STREET |
3 Nov 2021 | £103,504 | £95,000 | 55 AITKEN STREET |
6 Oct 2021 | £115,926 | £104,000 | 44 AITKEN STREET |
16 Jul 2021 | £107,094 | £92,500 | 49 MARLBOROUGH ROAD |
6 Jul 2021 | £121,566 | £105,000 | 36 AITKEN STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Jun 2014. Using an estimated price of £112,303 means this house is valued at £1,276 per sq meter (£118 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 84 sq meters (906 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Aitken Street | |
Jun 2024 | Anti-social behaviour | On or near Aitken Street | |
May 2024 | Anti-social behaviour | On or near Aitken Street | |
May 2024 | Anti-social behaviour | On or near Aitken Street | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aitken Street |