£107,292
This estimated value is based upon the latest sale price for the house of £100,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£100,000 | 18 Jun 2021 |
£78,500 | 18 Feb 2008 |
£51,500 | 27 Jan 2003 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 2021 the House Price Index for LANCASHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £100,000 results in an estimated price of approximately £107,292.
18 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £100,000 | £7,292 | £107,292 |
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 | -3.838 % | £-3,838 | £96,161 |
3 Month Average | -4.068 % | £-4,068 | £95,931 |
6 Month Average | 10.142 % | £10,142 | £110,142 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £145,271 | £144,000 | 25 GERRARD STREET |
27 Apr 2023 | £129,393 | £128,000 | 25 DENMARK STREET |
12 Apr 2023 | £131,415 | £130,000 | 11 GERRARD STREET |
6 Apr 2023 | £96,034 | £95,000 | 28 DENMARK STREET |
17 Mar 2023 | £113,065 | £112,000 | 9 DENMARK STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 28 Oct 2016. Using an estimated price of £107,292 means this house is valued at £1,915 per sq meter (£177 per sq foot).
The average size of a house on GERRARD STREET is 66 sq meters (712 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Denmark Street | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Denmark Street |
Mar 2024 | Anti-social behaviour | On or near Johnson Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Willow Lane |