£163,242
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Jul 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 21 Jul 2020 |
| £14,500 | 30 Nov 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for LANCASHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £135,000 results in an estimated price of approximately £163,242.
| 21 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £135,000 | £28,242 | £163,242 |
The Postcode Pricing Model uses changes in average sales price within the PR6 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 | 29.189 % | £39,404 | £174,404 |
| 3 Month Average | 16.155 % | £21,809 | £156,809 |
| 6 Month Average | 40.229 % | £54,309 | £189,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £137,855 | £136,000 | 50A PENNINE ROAD |
| 10 Mar 2023 | £139,313 | £138,000 | 15 PENNINE ROAD |
| 15 Jul 2022 | £123,833 | £123,500 | 13 PENNINE ROAD |
| 1 Jul 2022 | £122,831 | £122,500 | 10 FROOM STREET |
| 8 Apr 2022 | £77,235 | £75,000 | 51 PENNINE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 10 May 2019. Using an estimated price of £163,242 means this house is valued at £1,898 per sq meter (£176 per sq foot).
The average size of a house on FROOM STREET is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Whimberry Close |