£172,725
This estimated value is based upon the latest sale price for the house of £110,000 on 25 Jan 2008. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£110,000 | 25 Jan 2008 |
£17,500 | 14 Oct 1996 |
£25,000 | 4 Apr 1996 |
Terraced |
Leasehold |
Floor Area: 103 sq meters or 1,108 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 January 2008 the House Price Index for LANCASHIRE was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £110,000 results in an estimated price of approximately £172,725.
25 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 149.7 | 57.023 % | £110,000 | £62,725 | £172,725 |
The Postcode Pricing Model uses changes in average sales price within the FY7 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 | 6.775 % | £7,452 | £117,452 |
3 Month Average | 7.114 % | £7,825 | £117,825 |
6 Month Average | 7.398 % | £8,137 | £118,137 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £94,396 | £92,000 | 66 NORTH ALBERT STREET |
7 Nov 2023 | £68,232 | £66,500 | 3 PHAROS GROVE |
10 Mar 2023 | £74,240 | £73,000 | 51 KENT STREET |
28 Feb 2023 | £80,538 | £80,000 | 29 UPPER LUNE STREET |
3 Feb 2023 | £131,881 | £131,000 | 7 PHAROS STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 26 Jan 2015. Using an estimated price of £172,726 means this house is valued at £1,676 per sq meter (£155 per sq foot).
The average size of a house on NORTH ALBERT STREET is 96 sq meters (1,034 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Upper Lune Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Upper Lune Street |
Jun 2024 | Drugs | Local resolution | On or near Upper Lune Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Upper Lune Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Upper Lune Street |