£161,577
This estimated value is based upon the latest sale price for the house of £125,000 on 19 Apr 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £125,000 | 19 Apr 2017 |
| £125,000 | 8 Apr 2008 |
| £78,000 | 30 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 April 2017 the House Price Index for LANCASHIRE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £125,000 results in an estimated price of approximately £161,577.
| 19 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £125,000 | £36,577 | £161,577 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 12.098 % | £15,122 | £140,122 |
| 3 Month Average | 10.578 % | £13,222 | £138,222 |
| 6 Month Average | 22.775 % | £28,468 | £153,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £86,277 | £85,000 | 40 EARL STREET |
| 5 Sep 2023 | £182,331 | £180,000 | 17 CHELSEA MEWS |
| 15 Jun 2023 | £93,128 | £92,000 | APARTMENT 16 MILLENNIUM HEIGHTS LUNE STREET |
| 30 Mar 2023 | £52,999 | £52,500 | 23 LUNE STREET |
| 29 Jul 2022 | £110,297 | £110,000 | 9 EARL STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 6 Jan 2014. Using an estimated price of £161,578 means this house is valued at £1,553 per sq meter (£144 per sq foot).
The average size of a house on CHELSEA MEWS is 103 sq meters (1,119 sq feet).