£122,126
This estimated value is based upon the latest sale price for the house of £112,500 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£112,500 | 10 Sep 2021 |
£107,000 | 23 May 2014 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 688 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £112,500 results in an estimated price of approximately £122,126.
10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £112,500 | £9,626 | £122,126 |
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 | -16.844 % | £-18,949 | £93,550 |
3 Month Average | -29.965 % | £-33,711 | £78,788 |
6 Month Average | -23.522 % | £-26,462 | £86,037 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £176,533 | £175,000 | 1 EASTERN AVENUE |
28 Mar 2024 | £144,216 | £142,000 | 9 EASTERN AVENUE |
14 Dec 2023 | £110,392 | £107,000 | 11 MANSERGH STREET |
7 Dec 2023 | £199,119 | £193,000 | 19 MILLBANK CRESCENT |
31 Aug 2023 | £150,718 | £148,000 | 7 CASTERTON AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 Aug 2013. Using an estimated price of £122,127 means this house is valued at £1,908 per sq meter (£177 per sq foot).
The average size of a house on CASTERTON AVENUE is 99 sq meters (1,067 sq feet).