£172,408
This estimated value is based upon the latest sale price for the house of £98,552 on 9 Jun 2006. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £98,552 | 9 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2006 the House Price Index for LANCASHIRE was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £98,552 results in an estimated price of approximately £172,408.
| 9 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £98,552 | £73,856 | £172,408 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 12.272 % | £12,093 | £110,645 |
| 3 Month Average | 35.678 % | £35,161 | £133,713 |
| 6 Month Average | 50.244 % | £49,516 | £148,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2024 | £175,000 | £175,000 | 15 STATION ROAD |
| 8 Apr 2024 | £247,146 | £245,000 | 71 BURSCOUGH STREET |
| 22 Mar 2024 | £159,450 | £157,000 | 182 BURSCOUGH STREET |
| 15 Dec 2023 | £257,926 | £250,000 | 7 HARDACRE STREET |
| 21 Nov 2023 | £128,256 | £125,000 | FLAT 1 TUDOR COURT BURSCOUGH STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Jan 2013. Using an estimated price of £172,408 means this house is valued at £2,155 per sq meter (£200 per sq foot).
The average size of a house on STATION ROAD is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Station Road | |
| Jun 2024 | Anti-social behaviour | On or near Station Road |