£81,314
This estimated value is based upon the latest sale price for the house of £48,000 on 9 Jul 2010. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £48,000 | 9 Jul 2010 |
| £14,000 | 17 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2010 the House Price Index for LANCASHIRE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £48,000 results in an estimated price of approximately £81,314.
| 9 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £48,000 | £33,314 | £81,314 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | 24.142 % | £11,587 | £59,587 |
| 3 Month Average | 24.608 % | £11,811 | £59,811 |
| 6 Month Average | 46.346 % | £22,246 | £70,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £73,082 | £72,000 | 139 BEARNCROFT |
| 29 Sep 2023 | £91,166 | £90,000 | 59 BELFIELD |
| 6 Sep 2023 | £111,425 | £110,000 | 25 BIRKRIG |
| 30 Jun 2023 | £93,128 | £92,000 | 17 BIRKRIG |
| 27 Mar 2023 | £77,732 | £77,000 | 117 BEARNCROFT |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 28 Aug 2010. Using an estimated price of £81,314 means this house is valued at £1,042 per sq meter (£96 per sq foot).
The average size of a house on BELFIELD is 98 sq meters (1,064 sq feet).