£86,207
This estimated value is based upon the latest sale price for the house of £80,000 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 2 Sep 2021 |
| £60,000 | 19 Mar 2019 |
| £55,000 | 28 Jun 2004 |
| £25,000 | 8 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £80,000 results in an estimated price of approximately £86,207.
| 2 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £80,000 | £6,207 | £86,207 |
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 | 13.416 % | £10,732 | £90,732 |
| 3 Month Average | -5.226 % | £-4,180 | £75,819 |
| 6 Month Average | -9.078 % | £-7,262 | £72,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £91,166 | £90,000 | 92 CEDAR STREET |
| 8 Sep 2023 | £136,748 | £135,000 | 91 PLANTATION STREET |
| 18 Apr 2023 | £78,849 | £78,000 | 49 WASHINGTON STREET |
| 6 Apr 2023 | £90,980 | £90,000 | 17 MANSION STREET SOUTH |
| 22 Feb 2023 | £77,948 | £78,000 | 5 PERCY STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Nov 2018. Using an estimated price of £86,207 means this house is valued at £1,002 per sq meter (£93 per sq foot).
The average size of a house on WASHINGTON STREET is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Plantation Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Percy Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Percy Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Percy Street |
| Feb 2024 | Anti-social behaviour | On or near Percy Street |