£113,590
This estimated value is based upon the latest sale price for the house of £91,000 on 7 Apr 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £91,000 | 7 Apr 2018 |
| £72,000 | 22 Jan 2016 |
| £32,000 | 23 Dec 1999 |
| £30,000 | 30 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 April 2018 the House Price Index for LANCASHIRE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £91,000 results in an estimated price of approximately £113,590.
| 7 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £91,000 | £22,590 | £113,590 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 42.566 % | £38,735 | £129,735 |
| 3 Month Average | 18.643 % | £16,965 | £107,965 |
| 6 Month Average | 26.171 % | £23,815 | £114,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £60,777 | £60,000 | 36 PHILLIP STREET |
| 4 Sep 2023 | £92,685 | £91,500 | 4 GARDEN STREET |
| 21 Aug 2023 | £166,456 | £165,000 | 19 KING STREET |
| 4 Aug 2023 | £97,553 | £96,700 | 7 MARKET STREET |
| 28 Jul 2023 | £268,615 | £265,000 | 17 KING STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Jun 2018. Using an estimated price of £113,591 means this house is valued at £1,925 per sq meter (£178 per sq foot).
The average size of a house on MARKET STREET is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newtown |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Newtown |
| Mar 2024 | Anti-social behaviour | On or near Philip Street |