£77,705
This estimated value is based upon the latest sale price for the house of £78,500 on 1 Jul 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £78,500 | 1 Jul 2022 |
| £85,000 | 13 Feb 2009 |
| £22,050 | 26 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 July 2022 the House Price Index for LANCASHIRE was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £78,500 results in an estimated price of approximately £77,705.
| 1 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £78,500 | £-794 | £77,705 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 17.455 % | £13,701 | £92,201 |
| 3 Month Average | -2.104 % | £-1,651 | £76,848 |
| 6 Month Average | -4.162 % | £-3,267 | £75,232 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 29 Jul 2016.
The average size of a house on MARINE ROAD WEST is 128 sq meters (1,387 sq feet).