£50,872
This estimated value is based upon the latest sale price for the house of £23,000 on 28 Nov 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £23,000 | 28 Nov 2003 |
| Terraced |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 2003 the House Price Index for LANCASHIRE was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £23,000 results in an estimated price of approximately £50,872.
| 28 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £23,000 | £27,872 | £50,872 |
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 | 239.347 % | £55,049 | £78,049 |
| 3 Month Average | 154.867 % | £35,619 | £58,619 |
| 6 Month Average | 164.133 % | £37,750 | £60,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £65,000 | £65,000 | 100 ORMEROD STREET |
| 8 Dec 2023 | £86,514 | £85,000 | 70 GARBETT STREET |
| 14 Jul 2023 | £60,819 | £60,000 | 92 ORMEROD STREET |
| 2 Mar 2023 | £70,666 | £70,000 | 70 ORMEROD STREET |
| 4 Aug 2022 | £38,895 | £39,000 | 47 GARBETT STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 18 Jan 2017. Using an estimated price of £50,872 means this house is valued at £547 per sq meter (£50 per sq foot).
The average size of a house on GARBETT STREET is 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Garbett Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garbett Street |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Garbett Street |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Garbett Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Clifton Street |