£155,614
This estimated value is based upon the latest sale price for the house of £83,000 on 15 Apr 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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21 Navigation Business Village, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YP
Phone: 02080332574
Price Paid | Date |
---|---|
£83,000 | 15 Apr 2005 |
Terraced |
Freehold |
Floor Area: 118 sq meters or 1,270 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 April 2005 the House Price Index for LANCASHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £83,000 results in an estimated price of approximately £155,614.
15 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £83,000 | £72,614 | £155,614 |
The Postcode Pricing Model uses changes in average sales price within the PR1 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 | 34.087 % | £28,292 | £111,292 |
3 Month Average | 33.560 % | £27,855 | £110,855 |
6 Month Average | 41.197 % | £34,193 | £117,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £91,404 | £90,000 | 60 RIVER PARADE |
19 Dec 2023 | £100,591 | £97,500 | 34 BEECH TERRACE |
23 Jun 2023 | £112,249 | £110,000 | 18 BEECH TERRACE |
21 Feb 2023 | £85,572 | £85,000 | 89 TAYLOR STREET |
25 Nov 2022 | £109,488 | £110,000 | 71 TAYLOR STREET |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 2 Apr 2014. Using an estimated price of £155,615 means this house is valued at £1,318 per sq meter (£122 per sq foot).
The average size of a house on TAYLOR STREET is 75 sq meters (810 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).