Full Address

BB11 5BB

Estimated Market Value


This estimated value is based upon the latest sale price for the house of £15,000 on 15 Nov 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE1

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Transactions for this house
Price PaidDate
£15,00015 Nov 2003
£20,00025 Jan 1999
House Details

House Price Models

Land Registry House Price Index Model

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 64.7.

The House Price Index as of 1 Dec 2019 is 115.3 which is a change of 78.251%.

Applying this 78.251% change to the original purchase price of £15,000 gives us an estimated price now of around £26,737.

15 Nov 2003 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
64.7 115.3 78.251 % £15,000 £11,737 £26,737

The Postcode Pricing Model uses changes in average sales price within the BB11 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 176.093 % £26,413 £41,413
3 Month Average 162.007 % £24,301 £39,301
6 Month Average 136.542 % £20,481 £35,481
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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