£48,525
This estimated value is based upon the latest sale price for the house of £28,000 on 29 Mar 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£28,000 | 29 Mar 2011 |
£41,000 | 23 Mar 2005 |
£33,600 | 3 Nov 2004 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 2011 the House Price Index for LANCASHIRE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £28,000 results in an estimated price of approximately £48,525.
29 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 149.7 | 73.305 % | £28,000 | £20,525 | £48,525 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | 25.331 % | £7,092 | £35,092 |
3 Month Average | 63.677 % | £17,829 | £45,829 |
6 Month Average | 54.179 % | £15,170 | £43,170 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jul 2024 | £51,500 | £51,500 | 23 WYNOTHAM STREET |
8 Feb 2023 | £58,390 | £58,000 | 62 TOWNELEY STREET |
21 Nov 2022 | £69,674 | £70,000 | BRENNAND HOUSE FRASER STREET |
6 Jul 2022 | £121,215 | £120,000 | 1 BULCOCK STREET |
21 Jan 2022 | £62,847 | £59,279 | 51 TOWNELEY STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Oct 2010. Using an estimated price of £48,525 means this house is valued at £591 per sq meter (£54 per sq foot).
The average size of a house on TOWNELEY STREET is 81 sq meters (876 sq feet).