£129,455
This estimated value is based upon the latest sale price for the house of £74,000 on 6 Oct 2008. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£74,000 | 6 Oct 2008 |
£62,000 | 12 Jul 2006 |
£27,500 | 12 Jun 2002 |
£21,500 | 15 Oct 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 October 2008 the House Price Index for LANCASHIRE was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £74,000 results in an estimated price of approximately £129,455.
6 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 148.6 | 74.939 % | £74,000 | £55,455 | £129,455 |
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 | 26.028 % | £19,260 | £93,260 |
3 Month Average | 18.486 % | £13,679 | £87,679 |
6 Month Average | 35.016 % | £25,911 | £99,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2023 | £157,484 | £156,000 | 68 AMBLESIDE ROAD |
21 Feb 2023 | £82,944 | £83,000 | 9 HERLEBECK RISE |
3 Feb 2023 | £144,902 | £145,000 | 24 AMBLESIDE ROAD |
24 Jan 2023 | £74,648 | £75,000 | 12 THIRLMERE COURT |
16 Jan 2023 | £84,104 | £84,500 | 8 THIRLMERE COURT |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 Jan 2013. Using an estimated price of £129,455 means this house is valued at £2,087 per sq meter (£193 per sq foot).
The average size of a house on HERLEBECK RISE is 68 sq meters (733 sq feet).