£160,897
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Jul 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near West Street
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Price Paid | Date |
---|---|
£140,000 | 16 Jul 2021 |
£137,000 | 25 Jul 2014 |
£59,500 | 24 Jul 2001 |
£44,500 | 29 May 1998 |
£39,000 | 12 Dec 1996 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 2021 the House Price Index for LANCASHIRE was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £140,000 results in an estimated price of approximately £160,897.
16 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £140,000 | £20,897 | £160,897 |
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 | -5.644 % | £-7,901 | £132,098 |
3 Month Average | -5.998 % | £-8,397 | £131,602 |
6 Month Average | 6.361 % | £8,905 | £148,905 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £205,036 | £202,000 | 39 BRIDGE ROAD |
28 Jul 2023 | £233,138 | £230,000 | 9 BRUNTON ROAD |
27 Apr 2023 | £293,156 | £290,000 | 8 ASH GROVE |
18 Jan 2023 | £189,109 | £190,000 | 14 WEST STREET |
5 Apr 2022 | £164,768 | £160,000 | 2 VINE STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Feb 2014. Using an estimated price of £160,897 means this house is valued at £2,011 per sq meter (£186 per sq foot).
The average size of a house on WEST STREET is 95 sq meters (1,028 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near West Street |
Jan 2024 | Burglary | Under investigation | On or near West Street |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near West Street |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brunton Road |
Mar 2024 | Shoplifting | Under investigation | On or near Ash Grove |