£105,838
This estimated value is based upon the latest sale price for the house of £46,000 on 7 Aug 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £46,000 | 7 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2003 the House Price Index for LANCASHIRE was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £46,000 results in an estimated price of approximately £105,838.
| 7 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £46,000 | £59,838 | £105,838 |
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 | 59.839 % | £27,525 | £73,525 |
| 3 Month Average | 84.188 % | £38,726 | £84,726 |
| 6 Month Average | 122.262 % | £56,240 | £102,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £102,518 | £101,000 | 18 CRANBOURNE STREET |
| 27 Feb 2023 | £168,886 | £169,000 | 25 CRANBOURNE DRIVE |
| 10 Feb 2023 | £160,892 | £161,000 | 7 CRANBOURNE STREET |
| 10 Feb 2023 | £94,936 | £95,000 | 75 BROOKE STREET |
| 1 Aug 2022 | £117,683 | £118,000 | 29 BUCHANAN STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Jul 2013. Using an estimated price of £105,838 means this house is valued at £1,339 per sq meter (£124 per sq foot).
The average size of a house on BROOKE STREET is 83 sq meters (895 sq feet).