£44,054
This estimated value is based upon the latest sale price for the house of £35,000 on 6 Feb 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£35,000 | 6 Feb 2018 |
£8,000 | 29 Oct 1996 |
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 February 2018 the House Price Index for LANCASHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £35,000 results in an estimated price of approximately £44,054.
6 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £35,000 | £9,054 | £44,054 |
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 | 59.088 % | £20,680 | £55,680 |
3 Month Average | 29.501 % | £10,325 | £45,325 |
6 Month Average | 28.594 % | £10,008 | £45,008 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £98,164 | £96,000 | 4 OWEN STREET |
18 Sep 2023 | £76,691 | £75,000 | 44 DERBY STREET |
23 Jun 2023 | £57,145 | £56,000 | 31 HOOD STREET |
20 Apr 2023 | £54,010 | £53,000 | 19 MEADOW STREET |
29 Mar 2023 | £54,917 | £54,000 | 6 DERBY STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 27 Dec 2017. Using an estimated price of £44,055 means this house is valued at £629 per sq meter (£58 per sq foot).
The average size of a house on HOOD STREET is 78 sq meters (842 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hood Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hood Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hood Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hood Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horne Street |