Full Address

34 STONEBRIDGE TERRACE
LONGRIDGE
PRESTON
LANCASHIRE
UNITED KINGDOM
PR3 3AP

Estimated Market Value

£156,416

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
Terraced
Freehold

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 Jun 2019 is 112.6 which is a change of 16.729%.

Applying this 16.729% change to the original purchase price of £134,000 gives us an estimated price now of around £156,416.

22 Nov 2013 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
96.4 112.6 16.729 % £134,000 £22,416 £156,416

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 -0.792 % £-1,061 £132,938
3 Month Average 8.200 % £10,987 £144,987
6 Month Average 11.027 % £14,775 £148,775

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In November 2013 the average sale price for the 50 nearest sales within seven miles of 34 STONEBRIDGE TERRACE was £176,832.

In October 2019 the average sale price for the 25 nearest sales was £142,334. This is a change of -19.509%.

So taking the original purchase price of £134,000 and adjusting it by -19.509% gives an estimated price of £107,858.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 22 Nov 2013 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£176,832 £142,334 -19.509 % £134,000 £-26,141 £107,858
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
12 Aug 2019 £102,000 £102,000 23 LEE STREET
24 Jul 2019 £90,000 £90,000 25 LEE STREET
19 Jul 2019 £144,000 £144,000 4 LEE STREET
12 Jul 2019 £99,950 £99,950 33 LEE STREET
28 Jun 2019 £138,000 £138,000 1 LEE STREET

Show these sales on a map

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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