£67,843
This estimated value is based upon the latest sale price for the house of £54,480 on 17 May 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £54,480 | 17 May 2019 |
| £36,000 | 27 May 2016 |
| £50,000 | 22 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 May 2019 the House Price Index for LANCASHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £54,480 results in an estimated price of approximately £67,843.
| 17 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £54,480 | £13,363 | £67,843 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 10.552 % | £5,748 | £60,228 |
| 3 Month Average | 43.606 % | £23,756 | £78,236 |
| 6 Month Average | 51.681 % | £28,155 | £82,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £103,000 | £103,000 | 34 EUSTON ROAD |
| 10 May 2024 | £210,000 | £210,000 | 262 MARINE ROAD CENTRAL |
| 18 Apr 2024 | £66,578 | £66,000 | 7 OLD TOWN HALL MEWS MORECAMBE STREET WEST |
| 30 Nov 2023 | £276,519 | £269,500 | 4 LUNEDALE HOUSE MARKET STREET |
| 15 Jun 2023 | £168,374 | £165,000 | 42 - 46 EUSTON ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 21 Aug 2012. Using an estimated price of £67,843 means this house is valued at £1,615 per sq meter (£150 per sq foot).
The average size of a house on NELSON STREET is 80 sq meters (864 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).