£189,334
This estimated value is based upon the latest sale price for the house of £145,000 on 27 Mar 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 27 Mar 2017 |
| £100,000 | 12 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 March 2017 the House Price Index for LANCASHIRE was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £145,000 results in an estimated price of approximately £189,334.
| 27 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £145,000 | £44,334 | £189,334 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 18.370 % | £26,636 | £171,636 |
| 3 Month Average | 36.525 % | £52,961 | £197,961 |
| 6 Month Average | 43.646 % | £63,287 | £208,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £96,943 | £95,000 | 75 WESTMINSTER ROAD |
| 22 Aug 2022 | £120,564 | £120,000 | 53 ALBERT ROAD |
| 29 Jun 2022 | £91,966 | £90,000 | 68 CHATSWORTH ROAD |
| 14 Apr 2022 | £176,310 | £169,950 | 62 CHATSWORTH ROAD |
| 28 Jan 2022 | £160,090 | £151,000 | 74 CHATSWORTH ROAD |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 1 Sep 2014. Using an estimated price of £189,334 means this house is valued at £1,107 per sq meter (£102 per sq foot).
The average size of a house on CHATSWORTH ROAD is 128 sq meters (1,380 sq feet).