£178,857
This estimated value is based upon the latest sale price for the house of £114,000 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£114,000 | 24 Aug 2007 |
£117,000 | 9 Aug 2004 |
£36,250 | 9 Mar 1995 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 August 2007 the House Price Index for LANCASHIRE was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £114,000 results in an estimated price of approximately £178,857.
24 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £114,000 | £64,857 | £178,857 |
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 | 17.157 % | £19,559 | £133,559 |
3 Month Average | 17.273 % | £19,691 | £133,691 |
6 Month Average | 35.693 % | £40,690 | £154,690 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £177,387 | £175,000 | 2 MILL STREET |
22 Jun 2023 | £141,970 | £140,250 | 39 GARNET STREET |
27 Jan 2023 | £146,311 | £147,000 | 18 MILL STREET |
29 Jul 2022 | £172,615 | £172,150 | 3 MILL STREET |
30 Jun 2022 | £180,044 | £177,500 | 20 GARNET STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Sep 2021. Using an estimated price of £178,858 means this house is valued at £1,923 per sq meter (£178 per sq foot).
The average size of a house on MILL STREET is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Mill Street | |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mill Street |
Feb 2024 | Anti-social behaviour | On or near Mill Street | |
Feb 2024 | Anti-social behaviour | On or near Nun'S Street | |
Feb 2024 | Anti-social behaviour | On or near Nun'S Street |