£80,294
This estimated value is based upon the latest sale price for the house of £81,000 on 13 Jan 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£81,000 | 13 Jan 2023 |
£43,200 | 27 Nov 2008 |
Freehold |
Floor Area: 71 sq meters or 765 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 January 2023 the House Price Index for LANCASHIRE was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £81,000 results in an estimated price of approximately £80,294.
13 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.0 | -0.871 % | £81,000 | £-705 | £80,294 |
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 | -36.863 % | £-29,859 | £51,140 |
3 Month Average | -28.029 % | £-22,703 | £58,296 |
6 Month Average | -9.888 % | £-8,009 | £72,990 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jan 2023 | £80,295 | £81,000 | FLAT 6 BEACH STREET |
14 Nov 2022 | £182,048 | £185,000 | 11 BEACH STREET |
5 Aug 2022 | £230,443 | £232,000 | 19 BEACH STREET |
21 Jul 2022 | £59,919 | £60,000 | FLAT 37 LAKELAND HOUSE MARINE ROAD EAST |
26 May 2022 | £84,252 | £83,000 | FLAT 16 LAKELAND HOUSE MARINE ROAD EAST |
This house has a floor area of 71 sq meters or 765 sq feet when measured on 27 Oct 2008. Using an estimated price of £80,295 means this house is valued at £1,129 per sq meter (£104 per sq foot).
The average size of a house on BEACH STREET is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Beach Street |
Mar 2024 | Anti-social behaviour | On or near Beach Street | |
Mar 2024 | Anti-social behaviour | On or near Beach Street | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Street |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Beach Street |