£61,366
This estimated value is based upon the latest sale price for the house of £50,000 on 31 Oct 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 31 Oct 2018 |
| £36,000 | 29 Mar 2018 |
| £41,000 | 11 Dec 2015 |
| £33,600 | 18 Jul 2003 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2018 the House Price Index for LANCASHIRE was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £50,000 results in an estimated price of approximately £61,366.
| 31 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £50,000 | £11,366 | £61,366 |
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 | 12.788 % | £6,393 | £56,393 |
| 3 Month Average | 36.886 % | £18,442 | £68,442 |
| 6 Month Average | 23.109 % | £11,554 | £61,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £63,385 | £63,000 | 115 STANLEY STREET |
| 22 Jun 2023 | £40,322 | £39,995 | 91 STANLEY STREET |
| 19 Jun 2023 | £79,142 | £78,500 | 17 OSWALD STREET |
| 3 Apr 2023 | £65,487 | £65,000 | 54 STANLEY STREET |
| 31 Mar 2023 | £92,500 | £92,000 | 83 STANLEY STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 May 2009. Using an estimated price of £61,367 means this house is valued at £876 per sq meter (£81 per sq foot).
The average size of a house on BOLD STREET is 87 sq meters (941 sq feet).