£56,460
This estimated value is based upon the latest sale price for the house of £36,250 on 30 May 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£36,250 | 30 May 2014 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 2014 the House Price Index for LANCASHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £36,250 results in an estimated price of approximately £56,460.
30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £36,250 | £20,210 | £56,460 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | -2.601 % | £-942 | £35,307 |
3 Month Average | 178.611 % | £64,746 | £100,996 |
6 Month Average | 89.710 % | £32,519 | £68,769 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £67,500 | £67,500 | 5 THORN CRESCENT |
7 Jun 2024 | £90,000 | £90,000 | 23 REGENT STREET |
15 Sep 2023 | £92,540 | £90,500 | 22 GLADSTONE STREET |
10 Aug 2023 | £71,286 | £70,000 | 40 INDUSTRIAL STREET |
17 Mar 2023 | £182,040 | £179,000 | 3 CO OPERATION STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 19 Dec 2014. Using an estimated price of £56,461 means this house is valued at £517 per sq meter (£48 per sq foot).
The average size of a house on REGENT STREET is 113 sq meters (1,222 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regent Street |
Apr 2024 | Anti-social behaviour | On or near Regent Street | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Regent Street |
Apr 2024 | Anti-social behaviour | On or near Regent Street | |
Apr 2024 | Anti-social behaviour | On or near Regent Street |