£47,320
This estimated value is based upon the latest sale price for the house of £39,000 on 18 Mar 2020. 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 |
|---|---|
| £39,000 | 18 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 March 2020 the House Price Index for LANCASHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £39,000 results in an estimated price of approximately £47,320.
| 18 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £39,000 | £8,320 | £47,320 |
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 | 46.400 % | £18,095 | £57,095 |
| 3 Month Average | 31.013 % | £12,094 | £51,094 |
| 6 Month Average | 27.331 % | £10,659 | £49,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2024 | £65,000 | £65,000 | 149 MILLER ROAD |
| 9 Apr 2024 | £141,428 | £140,200 | 160 MILLER ROAD |
| 13 Mar 2024 | £121,872 | £120,000 | 143 MILLER ROAD |
| 19 Dec 2023 | £121,225 | £117,500 | 20 WILLOW CRESCENT |
| 8 Dec 2023 | £177,453 | £172,000 | 113 RIBBLETON AVENUE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Jun 2019. Using an estimated price of £47,321 means this house is valued at £788 per sq meter (£73 per sq foot).
The average size of a house on ROBIN STREET is 78 sq meters (844 sq feet).