£1,116,229
This estimated value is based upon the latest sale price for the house of £183,500 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£183,500 | 12 Oct 2023 |
£145,000 | 12 Jun 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 100 sq meters or 1,076 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 October 2023 the House Price Index for LANCASHIRE was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £183,500 results in an estimated price of approximately £1,116,229.
12 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 148.6 | 508.300 % | £183,500 | £932,729 | £1,116,229 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | -7.868 % | £-14,438 | £169,061 |
3 Month Average | 6.095 % | £11,184 | £194,684 |
6 Month Average | -4.032 % | £-7,397 | £176,102 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £182,331 | £180,000 | FLAT 63 MAJESTIC CLIFTON DRIVE NORTH |
31 Aug 2023 | £146,280 | £145,000 | FLAT 67 MAJESTIC CLIFTON DRIVE NORTH |
6 Apr 2023 | £181,959 | £180,000 | FLAT 11 MAJESTIC NORTH PROMENADE |
4 Apr 2023 | £229,976 | £227,500 | FLAT 19 MAJESTIC NORTH PROMENADE |
3 Mar 2023 | £277,615 | £275,000 | FLAT 53 MAJESTIC ST ANNES ROAD WEST |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 20 Jun 2013.
The average size of a house on CLIFTON DRIVE NORTH is 109 sq meters (1,176 sq feet).