£56,884
This estimated value is based upon the latest sale price for the house of £10,000 on 19 Sep 1995. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£10,000 | 19 Sep 1995 |
Terraced |
Leasehold |
Floor Area: 80 sq meters or 861 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 1995 the House Price Index for LANCASHIRE was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.842%.Applying this 468.842% change to the original purchase price of £10,000 results in an estimated price of approximately £56,884.
19 Sep 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 148.6 | 468.842 % | £10,000 | £46,884 | £56,884 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 291.282 % | £29,128 | £39,128 |
3 Month Average | 286.787 % | £28,678 | £38,678 |
6 Month Average | 293.327 % | £29,332 | £39,332 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2022 | £84,958 | £82,500 | 31 HYNDBURN STREET |
17 Dec 2020 | £63,124 | £55,000 | 17 PERSIA STREET |
4 Sep 2020 | £71,243 | £60,000 | 19 HYNDBURN STREET |
27 Aug 2020 | £35,972 | £30,000 | 7 RUSSIA STREET |
26 Feb 2019 | £46,940 | £38,000 | 22 HYNDBURN STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Dec 2013. Using an estimated price of £56,884 means this house is valued at £711 per sq meter (£66 per sq foot).
The average size of a house on PERSIA STREET is 85 sq meters (915 sq feet).