£134,661
This estimated value is based upon the latest sale price for the house of £79,700 on 12 Apr 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £79,700 | 12 Apr 2013 |
| £36,000 | 19 Dec 2002 |
| Terraced |
| Leasehold |
| Floor Area: 83 sq meters or 899 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 2013 the House Price Index for LANCASHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £79,700 results in an estimated price of approximately £134,661.
| 12 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £79,700 | £54,961 | £134,661 |
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 | 53.452 % | £42,600 | £122,300 |
| 3 Month Average | 57.217 % | £45,602 | £125,302 |
| 6 Month Average | 53.321 % | £42,496 | £122,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £112,556 | £110,000 | 18 WATER STREET |
| 3 Apr 2023 | £5,095 | £5,000 | 3 WATER STREET |
| 17 Mar 2023 | £76,274 | £75,000 | 24 WATER STREET |
| 30 Nov 2022 | £59,721 | £60,000 | 18 WHALLEY ROAD |
| 22 Nov 2022 | £59,721 | £60,000 | 4 MASON STREET |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 19 Aug 2011. Using an estimated price of £134,661 means this house is valued at £1,611 per sq meter (£149 per sq foot).
The average size of a house on BURNLEY ROAD is 109 sq meters (1,181 sq feet).