£83,913
This estimated value is based upon the latest sale price for the house of £26,500 on 14 Dec 2001. 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 |
---|---|
£26,500 | 14 Dec 2001 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,065 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 December 2001 the House Price Index for LANCASHIRE was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £26,500 results in an estimated price of approximately £83,913.
14 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 148.6 | 216.655 % | £26,500 | £57,413 | £83,913 |
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 | 173.157 % | £45,886 | £72,386 |
3 Month Average | 181.565 % | £48,114 | £74,614 |
6 Month Average | 199.564 % | £52,884 | £79,384 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £121,059 | £120,000 | 32 MOOR HALL STREET |
23 Jun 2023 | £113,373 | £112,000 | 31 MOOR HALL STREET |
17 Mar 2023 | £78,742 | £78,000 | 118 ELLIOTT STREET |
14 Mar 2023 | £133,255 | £132,000 | 2 ELDON STREET |
18 Aug 2022 | £64,826 | £65,000 | 34 HENDERSON STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 16 Jul 2014. Using an estimated price of £83,914 means this house is valued at £847 per sq meter (£78 per sq foot).
The average size of a house on ELDON STREET is 102 sq meters (1,103 sq feet).