£72,932
This estimated value is based upon the latest sale price for the house of £59,000 on 7 May 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £59,000 | 7 May 2019 |
| £60,000 | 30 Mar 2012 |
| £15,000 | 25 Aug 1995 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 May 2019 the House Price Index for LANCASHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £59,000 results in an estimated price of approximately £72,932.
| 7 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £59,000 | £13,932 | £72,932 |
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 | 78.981 % | £46,598 | £105,598 |
| 3 Month Average | 18.569 % | £10,955 | £69,955 |
| 6 Month Average | 35.839 % | £21,145 | £80,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £90,000 | £90,000 | 116 CARR ROAD |
| 12 Jun 2023 | £53,144 | £52,500 | 7 WEST STREET |
| 17 Mar 2023 | £47,952 | £47,500 | 47 GORDON ROAD |
| 7 Oct 2022 | £51,446 | £52,000 | 4 WEST STREET |
| 27 May 2022 | £45,864 | £45,000 | 1 NORFOLK STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 14 Aug 2013. Using an estimated price of £72,932 means this house is valued at £1,056 per sq meter (£98 per sq foot).
The average size of a house on GORDON ROAD is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near B6249 | |
| Feb 2024 | Anti-social behaviour | On or near B6249 | |
| Feb 2024 | Anti-social behaviour | On or near B6249 | |
| Jan 2024 | Anti-social behaviour | On or near B6249 | |
| Jan 2024 | Anti-social behaviour | On or near B6249 |