£112,911
This estimated value is based upon the latest sale price for the house of £57,500 on 14 Jul 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Castle Gate
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Price Paid | Date |
---|---|
£57,500 | 14 Jul 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 415 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 July 2004 the House Price Index for LANCASHIRE was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £57,500 results in an estimated price of approximately £112,911.
14 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £57,500 | £55,411 | £112,911 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 43.931 % | £25,260 | £82,760 |
3 Month Average | 83.361 % | £47,932 | £105,432 |
6 Month Average | 86.620 % | £49,806 | £107,306 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £97,474 | £95,000 | 10 MOOR LANE |
25 Sep 2023 | £276,086 | £270,000 | 32 - 36 MOOR LANE |
9 Aug 2023 | £157,847 | £155,000 | 21 MOOR LANE |
31 Mar 2023 | £213,567 | £210,000 | 12 MOOR LANE |
31 Oct 2022 | £119,601 | £120,000 | APARTMENT 3 KINGS COURT NEW MARKET STREET |
This house has a floor area of 38 sq meters or 415 sq feet when measured on 11 Nov 2009. Using an estimated price of £112,911 means this house is valued at £2,922 per sq meter (£271 per sq foot).
The average size of a house on CASTLEGATE is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Castle Gate |
Jul 2024 | Shoplifting | Under investigation | On or near Castle Gate |
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Castle Gate |
Jun 2024 | Anti-social behaviour | On or near Castle Gate | |
Jun 2024 | Anti-social behaviour | On or near Castle Gate |