£343,817
This estimated value is based upon the latest sale price for the house of £331,786 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £331,786 | 11 Mar 2022 |
| £120,000 | 13 Feb 1997 |
| 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 March 2022 the House Price Index for LANCASHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £331,786 results in an estimated price of approximately £343,817.
| 11 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £331,786 | £12,031 | £343,817 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | -6.376 % | £-21,155 | £310,630 |
| 3 Month Average | 5.196 % | £17,239 | £349,025 |
| 6 Month Average | 11.713 % | £38,861 | £370,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £162,404 | £160,000 | 6 CHINA STREET |
| 29 Aug 2023 | £736,443 | £730,000 | FLEET SQUARE NEW ROAD |
| 7 Aug 2023 | £307,692 | £305,000 | 37 - 43 CHINA STREET |
| 26 Jun 2023 | £384,659 | £380,000 | 5 CASTLE HILL |
| 3 Apr 2023 | £121,609 | £120,300 | 1 LUNE SQUARE DAMSIDE STREET |