£102,926
This estimated value is based upon the latest sale price for the house of £75,000 on 20 Jan 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£75,000 | 20 Jan 2016 |
£85,750 | 24 Nov 2005 |
£37,250 | 30 May 2003 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 January 2016 the House Price Index for LANCASHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £75,000 results in an estimated price of approximately £102,926.
20 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £75,000 | £27,926 | £102,926 |
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 | 12.266 % | £9,199 | £84,199 |
3 Month Average | 10.147 % | £7,609 | £82,609 |
6 Month Average | 22.854 % | £17,140 | £92,140 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £106,578 | £105,000 | 46 NORFOLK STREET |
8 Sep 2023 | £115,476 | £114,000 | 81 NORFOLK STREET |
10 Aug 2023 | £110,971 | £110,000 | 8 NORFOLK STREET |
25 Jul 2023 | £111,501 | £110,000 | 55 NORFOLK STREET |
28 Apr 2023 | £106,143 | £105,000 | 77 NORFOLK STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 May 2015. Using an estimated price of £102,927 means this house is valued at £1,302 per sq meter (£121 per sq foot).
The average size of a house on NORFOLK STREET is 74 sq meters (799 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Norfolk Street | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norfolk Street |
Mar 2024 | Anti-social behaviour | On or near Norfolk Street | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Street |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Norfolk Street |