£83,379
This estimated value is based upon the latest sale price for the house of £45,750 on 10 Oct 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £45,750 | 10 Oct 2005 |
| £26,950 | 21 Jun 1996 |
| Terraced |
| Freehold |
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 October 2005 the House Price Index for LANCASHIRE was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £45,750 results in an estimated price of approximately £83,379.
| 10 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £45,750 | £37,629 | £83,379 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | 53.926 % | £24,670 | £70,420 |
| 3 Month Average | 52.252 % | £23,905 | £69,655 |
| 6 Month Average | 91.239 % | £41,741 | £87,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £62,590 | £62,000 | 85 SMITH STREET |
| 23 Mar 2023 | £51,485 | £51,000 | 84 SMITH STREET |
| 3 Feb 2023 | £49,966 | £50,000 | 108 PINE STREET |
| 23 Aug 2022 | £74,799 | £75,000 | 70 PINE STREET |
| 25 Jul 2022 | £66,679 | £66,500 | 98 PINE STREET |