£119,124
This estimated value is based upon the latest sale price for the house of £62,500 on 27 Aug 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£62,500 | 27 Aug 2004 |
£13,500 | 7 Aug 2002 |
Semi-Detached |
Leasehold |
Floor Area: 44 sq meters or 473 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 August 2004 the House Price Index for LANCASHIRE was 77.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 90.598%.Applying this 90.598% change to the original purchase price of £62,500 results in an estimated price of approximately £119,124.
27 Aug 2004 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 147.0 | 90.598 % | £62,500 | £56,624 | £119,124 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | 180.721 % | £112,950 | £175,450 |
3 Month Average | 152.335 % | £95,209 | £157,709 |
6 Month Average | 165.174 % | £103,234 | £165,734 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £63,606 | £63,000 | 65 HAROLD AVENUE |
17 Oct 2023 | £49,831 | £50,000 | 46 FLORENCE STREET |
12 Oct 2023 | £149,492 | £150,000 | 212 ROSSENDALE ROAD |
3 Jul 2023 | £83,886 | £84,000 | 19 HERON COURT |
20 Mar 2023 | £89,756 | £90,000 | 101 HAROLD AVENUE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 28 Feb 2014. Using an estimated price of £119,124 means this house is valued at £2,707 per sq meter (£251 per sq foot).
The average size of a house on HAROLD AVENUE is 77 sq meters (831 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).