£41,366
This estimated value is based upon the latest sale price for the house of £31,000 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £31,000 | 21 Oct 2016 |
| £26,500 | 13 Jun 2003 |
| Terraced |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 2016 the House Price Index for LANCASHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £31,000 results in an estimated price of approximately £41,366.
| 21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £31,000 | £10,366 | £41,366 |
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 | 63.583 % | £19,710 | £50,710 |
| 3 Month Average | 33.515 % | £10,389 | £41,389 |
| 6 Month Average | 32.544 % | £10,088 | £41,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Oct 2023 | £92,092 | £90,000 | 57 FRASER STREET |
| 14 Sep 2023 | £85,892 | £83,999 | 22 FRASER STREET |
| 14 Jun 2023 | £51,022 | £50,000 | 14 PEMBROKE STREET |
| 9 Jun 2023 | £40,767 | £39,950 | 12 SHARP STREET |
| 1 Feb 2023 | £62,417 | £62,000 | 25 RAWSON STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Dec 2017. Using an estimated price of £41,367 means this house is valued at £475 per sq meter (£44 per sq foot).
The average size of a house on PEMBROKE STREET is 92 sq meters (992 sq feet).