£85,239
This estimated value is based upon the latest sale price for the house of £50,000 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£50,000 | 30 Nov 2012 |
£56,000 | 12 Jul 2012 |
£87,500 | 31 Mar 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 474 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 November 2012 the House Price Index for LANCASHIRE was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £50,000 results in an estimated price of approximately £85,239.
30 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 149.7 | 70.478 % | £50,000 | £35,239 | £85,239 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | 22.258 % | £11,129 | £61,129 |
3 Month Average | 34.124 % | £17,061 | £67,061 |
6 Month Average | 28.722 % | £14,361 | £64,361 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £273,401 | £265,000 | 1 - 3 VICARAGE ROAD |
30 Nov 2023 | £126,204 | £123,000 | 8 BRECK ROAD |
24 Nov 2023 | £66,693 | £65,000 | FLAT 9 ALEXANDER COURT CHAPEL STREET |
12 Sep 2023 | £195,305 | £191,000 | 20 HIGHER GREEN |
30 Jun 2023 | £69,391 | £68,000 | FLAT 17 ALEXANDER COURT CHAPEL STREET |
This house has a floor area of 44 sq meters or 474 sq feet when measured on 29 Jun 2009. Using an estimated price of £85,239 means this house is valued at £1,935 per sq meter (£179 per sq foot).
The average size of a house on CHAPEL STREET is 56 sq meters (606 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Chapel Street |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Queen'S Square |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Queen'S Square |
Jun 2024 | Burglary | Under investigation | On or near Queen'S Square |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Square |