£169,125
This estimated value is based upon the latest sale price for the house of £132,000 on 30 Jun 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£132,000 | 30 Jun 2017 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 June 2017 the House Price Index for LANCASHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £132,000 results in an estimated price of approximately £169,125.
30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £132,000 | £37,125 | £169,125 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | -4.996 % | £-6,594 | £125,405 |
3 Month Average | 0.938 % | £1,238 | £133,238 |
6 Month Average | 15.684 % | £20,702 | £152,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £113,947 | £112,950 | 165 LOWERHOUSE LANE |
6 Apr 2023 | £89,969 | £89,000 | 7 CLAYTON FOLD |
13 Jan 2023 | £79,625 | £80,000 | 22 CLAYTON FOLD |
1 Aug 2022 | £183,506 | £184,000 | 18 CLAYTON FOLD |
27 May 2022 | £239,462 | £234,950 | 12 FOSTER DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Mar 2017. Using an estimated price of £169,126 means this house is valued at £2,562 per sq meter (£238 per sq foot).
The average size of a house on LOWERHOUSE CRESCENT is 95 sq meters (1,027 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).