£188,679
This estimated value is based upon the latest sale price for the house of £34,000 on 30 Aug 1996. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £34,000 | 30 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 1996 the House Price Index for LANCASHIRE was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £34,000 results in an estimated price of approximately £188,679.
| 30 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 148.6 | 454.939 % | £34,000 | £154,679 | £188,679 |
The Postcode Pricing Model uses changes in average sales price within the BB1 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 | 381.865 % | £129,834 | £163,834 |
| 3 Month Average | 359.374 % | £122,187 | £156,187 |
| 6 Month Average | 341.872 % | £116,236 | £150,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £122,137 | £120,000 | 191 SHEAR BROW |
| 18 Aug 2023 | £100,883 | £100,000 | 248 SHEAR BROW |
| 16 Jun 2023 | £106,287 | £105,000 | 9 BERESFORD ROAD |
| 27 Jan 2023 | £142,827 | £143,500 | 159 SHEAR BROW |
| 19 Aug 2022 | £119,678 | £120,000 | 36 BERESFORD ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 5 Jun 2014. Using an estimated price of £188,679 means this house is valued at £1,945 per sq meter (£180 per sq foot).
The average size of a house on BERESFORD ROAD is 107 sq meters (1,159 sq feet).