£142,478
This estimated value is based upon the latest sale price for the house of £107,000 on 4 Jul 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £107,000 | 4 Jul 2016 |
| £105,000 | 12 Aug 2005 |
| £41,000 | 16 Oct 1995 |
| Terraced |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £107,000 results in an estimated price of approximately £142,478.
| 4 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £107,000 | £35,478 | £142,478 |
The Postcode Pricing Model uses changes in average sales price within the BB2 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 | 28.157 % | £30,127 | £137,127 |
| 3 Month Average | 29.618 % | £31,691 | £138,691 |
| 6 Month Average | 34.717 % | £37,147 | £144,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £111,349 | £110,000 | 19 PRINCESS GARDENS |
| 11 Aug 2022 | £131,646 | £132,000 | 38 CORONATION AVENUE |
| 17 May 2022 | £336,337 | £330,000 | 818 LIVESEY BRANCH ROAD |
| 25 Mar 2022 | £321,241 | £310,000 | 824 LIVESEY BRANCH ROAD |
| 4 Mar 2022 | £128,497 | £124,000 | 33 CORONATION AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Jul 2015. Using an estimated price of £142,479 means this house is valued at £1,484 per sq meter (£137 per sq foot).
The average size of a house on PRESTON OLD ROAD is 104 sq meters (1,119 sq feet).