£158,593
This estimated value is based upon the latest sale price for the house of £93,500 on 14 May 2010. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £93,500 | 14 May 2010 |
| Terraced |
| Leasehold |
| Floor Area: 86 sq meters or 933 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 May 2010 the House Price Index for LANCASHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £93,500 results in an estimated price of approximately £158,593.
| 14 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £93,500 | £65,093 | £158,593 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 76.255 % | £71,298 | £164,798 |
| 3 Month Average | 30.499 % | £28,516 | £122,016 |
| 6 Month Average | 36.141 % | £33,791 | £127,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £53,577 | £53,000 | 55 MONK STREET |
| 21 Mar 2022 | £176,165 | £170,000 | 81 - 83 PARK ROAD |
| 3 Dec 2021 | £74,996 | £70,000 | 52 PARK ROAD |
| 5 Nov 2021 | £102,744 | £95,000 | 38 PARK ROAD |
| 5 Nov 2020 | £81,155 | £70,000 | 61 TREMELLEN STREET |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 10 Sep 2009. Using an estimated price of £158,593 means this house is valued at £1,827 per sq meter (£169 per sq foot).
The average size of a house on PARK ROAD is 104 sq meters (1,125 sq feet).