£50,780
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Mar 2024. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£50,000 | 15 Mar 2024 |
£35,000 | 17 Apr 2015 |
£37,000 | 28 Sep 2012 |
£21,000 | 1 Jul 2003 |
£14,000 | 4 Jun 2001 |
£12,500 | 11 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 2024 the House Price Index for LANCASHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £50,000 results in an estimated price of approximately £50,780.
15 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £50,000 | £780 | £50,780 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | 0.553 % | £276 | £50,276 |
3 Month Average | 15.859 % | £7,929 | £57,929 |
6 Month Average | 7.931 % | £3,965 | £53,965 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £47,500 | £47,500 | 21 DEAN STREET |
23 Apr 2024 | £282,453 | £280,000 | 39 TRAFALGAR STREET |
15 Mar 2024 | £50,780 | £50,000 | 20 TRINITY TOWERS ACCRINGTON ROAD |
18 Dec 2023 | £52,617 | £51,000 | 22 TRINITY TOWERS ACCRINGTON ROAD |
15 Nov 2023 | £43,607 | £42,500 | 1 TRINITY TOWERS ACCRINGTON ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 7 Dec 2021. Using an estimated price of £50,780 means this house is valued at £1,302 per sq meter (£120 per sq foot).
The average size of a house on ACCRINGTON ROAD is 83 sq meters (893 sq feet).