£117,926
This estimated value is based upon the latest sale price for the house of £56,000 on 1 Mar 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £56,000 | 1 Mar 2004 |
| £40,000 | 1 Apr 1999 |
| Terraced |
| Leasehold |
| Floor Area: 176 sq meters or 1,894 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 March 2004 the House Price Index for LANCASHIRE was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £56,000 results in an estimated price of approximately £117,926.
| 1 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £56,000 | £61,926 | £117,926 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | 159.008 % | £89,044 | £145,044 |
| 3 Month Average | 188.738 % | £105,693 | £161,693 |
| 6 Month Average | 165.851 % | £92,876 | £148,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £71,118 | £70,500 | 28 CLAUGHTON STREET |
| 22 Mar 2024 | £121,872 | £120,000 | 69 THURSBY ROAD |
| 3 Aug 2022 | £60,282 | £60,000 | 15 WILLIAMS ROAD |
| 24 May 2022 | £61,605 | £60,000 | 11 WILLIAMS ROAD |
| 8 Feb 2022 | £70,783 | £67,000 | 3 WILLIAMS ROAD |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 5 Aug 2014. Using an estimated price of £117,926 means this house is valued at £670 per sq meter (£62 per sq foot).
The average size of a house on THURSBY ROAD is 122 sq meters (1,320 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Acre Street |