£274,882
This estimated value is based upon the latest sale price for the house of £168,000 on 23 Oct 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £168,000 | 23 Oct 2013 |
| £80,995 | 3 Aug 2001 |
| Detached |
| Freehold |
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 October 2013 the House Price Index for LANCASHIRE was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £168,000 results in an estimated price of approximately £274,882.
| 23 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £168,000 | £106,882 | £274,882 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 13.616 % | £22,874 | £190,874 |
| 3 Month Average | 39.503 % | £66,365 | £234,365 |
| 6 Month Average | 41.363 % | £69,489 | £237,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £282,471 | £280,000 | 54 RYDAL ROAD |
| 22 Jul 2022 | £237,640 | £237,000 | 206 BROADWAY |
| 10 Jun 2022 | £339,802 | £335,000 | 15 PRIVATE LANE |
| 13 May 2022 | £203,841 | £200,000 | 85 BROADWAY |
| 11 Mar 2022 | £264,247 | £255,000 | 7 RYDAL ROAD |