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Estimated Market Value


This estimated value is based upon the latest sale price for the house of £134,000 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE1

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Transactions for this house
Price PaidDate
£134,00022 Nov 2013
£135,00027 Nov 2009
House Details

House Price Models

Land Registry House Price Index Model

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 November 2013 the House Price Index for LANCASHIRE was 96.4.

The House Price Index as of 1 Dec 2019 is 115.3 which is a change of 19.576%.

Applying this 19.576% change to the original purchase price of £134,000 gives us an estimated price now of around £160,231.

22 Nov 2013 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
96.4 115.3 19.576 % £134,000 £26,231 £160,231

The Postcode Pricing Model uses changes in average sales price within the PR3 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 -7.923 % £-10,617 £123,382
3 Month Average 9.695 % £12,991 £146,991
6 Month Average 12.540 % £16,804 £150,804
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
22 Jan 2020 £130,000 £130,000 74 DERBY ROAD
29 Nov 2019 £112,037 £111,000 27 PRESTON ROAD
29 Nov 2019 £131,719 £130,500 34 LEE STREET
12 Aug 2019 £103,379 £102,000 23 LEE STREET
24 Jul 2019 £91,849 £90,000 25 LEE STREET

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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