£165,392
This estimated value is based upon the latest sale price for the house of £155,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£155,000 | 10 Dec 2021 |
£122,000 | 16 Nov 2015 |
£120,000 | 19 Oct 2011 |
£59,950 | 13 Mar 2002 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 December 2021 the House Price Index for LANCASHIRE was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £155,000 results in an estimated price of approximately £165,392.
10 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.0 | 6.705 % | £155,000 | £10,392 | £165,392 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 110.561 % | £171,369 | £326,369 |
3 Month Average | -4.841 % | £-7,503 | £147,496 |
6 Month Average | 5.084 % | £7,880 | £162,880 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £148,906 | £148,000 | 19 KENSINGTON ROAD |
23 Jun 2023 | £119,973 | £119,000 | 1 DEVONSHIRE COURT HEATON ROAD |
13 Jan 2023 | £183,389 | £185,000 | 7 HASTINGS ROAD |
26 Aug 2022 | £188,725 | £190,000 | 13 DEVONSHIRE STREET |
25 Jul 2022 | £206,721 | £207,000 | 20 VICTORIA AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Oct 2021. Using an estimated price of £165,393 means this house is valued at £2,297 per sq meter (£213 per sq foot).
The average size of a house on HASTINGS ROAD is 107 sq meters (1,160 sq feet).