£53,263
This estimated value is based upon the latest sale price for the house of £40,000 on 5 Jul 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£40,000 | 5 Jul 2016 |
£41,000 | 7 May 2009 |
Terraced |
Leasehold |
Floor Area: 80 sq meters or 861 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 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £40,000 results in an estimated price of approximately £53,263.
5 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £40,000 | £13,263 | £53,263 |
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 | 5.706 % | £2,282 | £42,282 |
3 Month Average | 26.360 % | £10,544 | £50,544 |
6 Month Average | 61.853 % | £24,741 | £64,741 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £61,409 | £60,500 | 37 MAY STREET |
22 Aug 2023 | £40,303 | £39,950 | 27 MAY STREET |
11 Jul 2023 | £73,489 | £72,500 | 26 POPLAR STREET |
17 Feb 2023 | £82,445 | £82,500 | 2 MAY STREET |
9 Nov 2022 | £67,186 | £68,000 | 38 FULHAM STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Jan 2017. Using an estimated price of £53,263 means this house is valued at £665 per sq meter (£61 per sq foot).
The average size of a house on MAY STREET is 84 sq meters (906 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near May Street |
Feb 2024 | Anti-social behaviour | On or near May Street | |
Feb 2024 | Anti-social behaviour | On or near May Street | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parker Street |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Parker Street |