£169,106
This estimated value is based upon the latest sale price for the house of £125,000 on 6 May 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 |
|---|---|
| £125,000 | 6 May 2016 |
| £129,000 | 17 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 May 2016 the House Price Index for LANCASHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £125,000 results in an estimated price of approximately £169,106.
| 6 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £125,000 | £44,106 | £169,106 |
The Postcode Pricing Model uses changes in average sales price within the PR25 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 | 28.517 % | £35,645 | £160,645 |
| 3 Month Average | 43.595 % | £54,493 | £179,493 |
| 6 Month Average | 37.710 % | £47,137 | £172,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £154,755 | £150,000 | 27 MENDIP ROAD |
| 25 Sep 2023 | £158,085 | £154,600 | 23 MENDIP ROAD |
| 20 Sep 2023 | £112,480 | £110,000 | 175 MENDIP ROAD |
| 11 Aug 2023 | £165,485 | £162,500 | 3 ASHURST ROAD |
| 31 Mar 2023 | £177,972 | £175,000 | 23 ASHURST ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 11 Jan 2016. Using an estimated price of £169,107 means this house is valued at £2,523 per sq meter (£234 per sq foot).
The average size of a house on HUNTERS ROAD is 70 sq meters (755 sq feet).