£59,312
This estimated value is based upon the latest sale price for the house of £60,000 on 21 Dec 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 21 Dec 2022 |
| £39,950 | 13 Apr 2018 |
| £60,500 | 20 Dec 2006 |
| £45,800 | 19 Jul 2006 |
| £15,000 | 15 Mar 1996 |
| Terraced |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 December 2022 the House Price Index for LANCASHIRE was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £60,000 results in an estimated price of approximately £59,312.
| 21 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £60,000 | £-687 | £59,312 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 38.016 % | £22,809 | £82,809 |
| 3 Month Average | -6.547 % | £-3,928 | £56,071 |
| 6 Month Average | -4.999 % | £-2,999 | £57,000 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 23 Sep 2013.
The average size of a house on ELIZABETH STREET is 88 sq meters (952 sq feet).