£99,629
This estimated value is based upon the latest sale price for the house of £75,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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21 Navigation Business Village, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YP
Phone: 02080332574
Price Paid | Date |
---|---|
£75,000 | 30 Sep 2016 |
£127,100 | 17 May 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 620 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 September 2016 the House Price Index for LANCASHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £75,000 results in an estimated price of approximately £99,629.
30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £75,000 | £24,629 | £99,629 |
The Postcode Pricing Model uses changes in average sales price within the PR1 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 | 28.606 % | £21,454 | £96,454 |
3 Month Average | 11.729 % | £8,797 | £83,797 |
6 Month Average | 13.505 % | £10,128 | £85,128 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £82,000 | £82,000 | 30 GRIMSHAW PLACE |
31 Mar 2023 | £108,018 | £107,000 | 4A GRIMSHAW STREET |
31 Mar 2023 | £100,951 | £100,000 | 6 GRIMSHAW STREET |
24 Feb 2023 | £72,951 | £73,000 | 8 CITY COURT |
7 Feb 2023 | £72,701 | £72,750 | 41 GRIMSHAW PLACE |
This house has a floor area of 57 sq meters or 620 sq feet when measured on 20 Sep 2011. Using an estimated price of £99,629 means this house is valued at £1,729 per sq meter (£160 per sq foot).
The average size of a house on GRIMSHAW PLACE is 63 sq meters (686 sq feet).