£117,649
This estimated value is based upon the latest sale price for the house of £62,500 on 3 Nov 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £62,500 | 3 Nov 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 69 sq meters or 749 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 November 2004 the House Price Index for LANCASHIRE was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £62,500 results in an estimated price of approximately £117,649.
| 3 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £62,500 | £55,149 | £117,649 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 67.109 % | £41,942 | £104,442 |
| 3 Month Average | 75.121 % | £46,950 | £109,450 |
| 6 Month Average | 69.496 % | £43,434 | £105,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £178,116 | £175,000 | 4 GAGHILLS ROAD |
| 21 Jul 2023 | £91,177 | £89,950 | 7 LENCH STREET |
| 21 Apr 2023 | £121,256 | £119,950 | 3 TOWNSEND STREET |
| 24 Mar 2023 | £100,951 | £100,000 | 10 TOWNSEND STREET |
| 27 Jan 2023 | £77,634 | £78,000 | 11 TOWNSEND STREET |
This house has a floor area of 69 sq meters or 749 sq feet when measured on 22 Jun 2010. Using an estimated price of £117,650 means this house is valued at £1,690 per sq meter (£157 per sq foot).
The average size of a house on MILLAR BARN LANE is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Yare Street | |
| Jan 2024 | Anti-social behaviour | On or near Yare Street | |
| Jan 2024 | Anti-social behaviour | On or near Yare Street | |
| Jan 2024 | Anti-social behaviour | On or near Yare Street | |
| Jan 2024 | Anti-social behaviour | On or near Yare Street |