£125,316
This estimated value is based upon the latest sale price for the house of £59,950 on 26 Mar 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£59,950 | 26 Mar 2004 |
£19,000 | 6 Jul 2000 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 March 2004 the House Price Index for LANCASHIRE was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £59,950 results in an estimated price of approximately £125,316.
26 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 148.6 | 109.035 % | £59,950 | £65,366 | £125,316 |
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 | 47.633 % | £28,556 | £88,506 |
3 Month Average | 54.464 % | £32,651 | £92,601 |
6 Month Average | 83.676 % | £50,164 | £110,114 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £165,000 | £165,000 | 79 PINFOLD LANE |
22 Nov 2023 | £106,578 | £105,000 | 46 NORFOLK STREET |
8 Sep 2023 | £115,476 | £114,000 | 81 NORFOLK STREET |
10 Aug 2023 | £110,971 | £110,000 | 8 NORFOLK STREET |
25 Jul 2023 | £111,501 | £110,000 | 55 NORFOLK STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Sep 2012. Using an estimated price of £125,316 means this house is valued at £1,278 per sq meter (£118 per sq foot).
The average size of a house on PINFOLD LANE is 87 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Street |
Mar 2024 | Anti-social behaviour | On or near Norfolk Street | |
Mar 2024 | Anti-social behaviour | On or near Norfolk Street | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norfolk Street |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Norfolk Street |