£82,415
This estimated value is based upon the latest sale price for the house of £50,000 on 31 Oct 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£50,000 | 31 Oct 2013 |
£45,000 | 1 Feb 2005 |
£28,500 | 4 Jul 2003 |
£34,500 | 19 Dec 1997 |
Terraced |
Leasehold |
Floor Area: 97 sq meters or 1,044 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 October 2013 the House Price Index for LANCASHIRE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £50,000 results in an estimated price of approximately £82,415.
31 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £50,000 | £32,415 | £82,415 |
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 | 77.917 % | £38,958 | £88,958 |
3 Month Average | 41.066 % | £20,532 | £70,532 |
6 Month Average | 45.651 % | £22,825 | £72,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £89,575 | £87,600 | 101 RAWSON AVENUE |
20 Sep 2023 | £76,691 | £75,000 | 71 EXCHANGE STREET |
24 Oct 2022 | £149,501 | £150,000 | 235 RICHMOND ROAD |
12 Aug 2022 | £83,390 | £83,000 | 162 EXCHANGE STREET |
20 Apr 2022 | £70,026 | £67,500 | 62 EXCHANGE STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 14 Jun 2016. Using an estimated price of £82,416 means this house is valued at £849 per sq meter (£78 per sq foot).
The average size of a house on EXCHANGE STREET is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Theft from the person | Under investigation | On or near Dover Street |
Jul 2024 | Anti-social behaviour | On or near Dover Street | |
Jul 2024 | Anti-social behaviour | On or near Dover Street | |
Jul 2024 | Anti-social behaviour | On or near Dover Street | |
Jul 2024 | Anti-social behaviour | On or near Dover Street |