£81,888
This estimated value is based upon the latest sale price for the house of £55,000 on 5 Feb 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£55,000 | 5 Feb 2015 |
£66,000 | 24 Oct 2008 |
Terraced |
Leasehold |
Floor Area: 86 sq meters or 925 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 February 2015 the House Price Index for LANCASHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £55,000 results in an estimated price of approximately £81,888.
5 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £55,000 | £26,888 | £81,888 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 160.810 % | £88,445 | £143,445 |
3 Month Average | 26.341 % | £14,487 | £69,487 |
6 Month Average | 29.391 % | £16,164 | £71,164 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £81,248 | £80,000 | 1 CROMWELL STREET |
5 Oct 2023 | £89,022 | £87,000 | 9 CROMWELL STREET |
9 Jun 2023 | £35,716 | £35,000 | 43 CROMWELL STREET |
10 Jan 2023 | £30,080 | £30,000 | 54 CLIVE STREET |
23 Aug 2022 | £57,268 | £57,000 | 33 MARCH STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Nov 2015. Using an estimated price of £81,889 means this house is valued at £952 per sq meter (£88 per sq foot).
The average size of a house on CLIVE STREET is 96 sq meters (1,037 sq feet).