£81,542
This estimated value is based upon the latest sale price for the house of £80,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£80,000 | 15 Dec 2023 |
£80,000 | 17 Nov 2006 |
£56,000 | 17 Jun 2003 |
Terraced |
Freehold |
Floor Area: 141 sq meters or 1,517 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 December 2023 the House Price Index for LANCASHIRE was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £80,000 results in an estimated price of approximately £81,542.
15 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.2 | 148.0 | 1.928 % | £80,000 | £1,542 | £81,542 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 223.650 % | £178,920 | £258,920 |
3 Month Average | 41.152 % | £32,921 | £112,921 |
6 Month Average | -5.200 % | £-4,159 | £75,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £81,543 | £80,000 | 143 WESTMINSTER ROAD |
11 Dec 2023 | £101,928 | £100,000 | 116 CHATSWORTH ROAD |
1 Aug 2023 | £135,826 | £135,000 | 130 WESTMINSTER ROAD |
29 Jun 2023 | £159,292 | £158,000 | 125 WESTMINSTER ROAD |
12 Jan 2023 | £152,163 | £153,500 | 126 WESTMINSTER ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 28 Jul 2021. Using an estimated price of £81,543 means this house is valued at £578 per sq meter (£53 per sq foot).
The average size of a house on WESTMINSTER ROAD is 123 sq meters (1,331 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Clarendon Road West | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clarendon Road West |
Feb 2024 | Anti-social behaviour | On or near Clarendon Road West | |
Feb 2024 | Anti-social behaviour | On or near Clarendon Road West | |
Feb 2024 | Anti-social behaviour | On or near Clarendon Road West |