£68,937
This estimated value is based upon the latest sale price for the house of £64,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £64,000 | 19 Nov 2021 |
| £18,000 | 21 Apr 2000 |
| Terraced |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 November 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £64,000 results in an estimated price of approximately £68,937.
| 19 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £64,000 | £4,937 | £68,937 |
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 | -14.410 % | £-9,222 | £54,777 |
| 3 Month Average | -7.496 % | £-4,797 | £59,202 |
| 6 Month Average | -6.742 % | £-4,314 | £59,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £65,220 | £65,000 | 60 SHARPLES STREET |
| 10 Nov 2023 | £50,650 | £50,000 | 49 SHARPLES STREET |
| 3 Nov 2023 | £55,715 | £55,000 | 56 ELIZABETH STREET |
| 28 Apr 2023 | £72,539 | £72,000 | 16 EXCHANGE STREET |
| 21 Nov 2022 | £71,835 | £73,000 | 17 EXCHANGE STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Oct 2021. Using an estimated price of £68,937 means this house is valued at £774 per sq meter (£71 per sq foot).
The average size of a house on EXCHANGE STREET is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Elizabeth Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Street |