£60,455
This estimated value is based upon the latest sale price for the house of £42,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£42,000 | 31 Jul 2015 |
Terraced |
Leasehold |
Floor Area: 83 sq meters or 893 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 July 2015 the House Price Index for LANCASHIRE was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £42,000 results in an estimated price of approximately £60,455.
31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £42,000 | £18,455 | £60,455 |
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 | 16.903 % | £7,099 | £49,099 |
3 Month Average | 27.474 % | £11,538 | £53,538 |
6 Month Average | 49.478 % | £20,780 | £62,780 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £40,000 | £40,000 | 12 TOWNELEY STREET |
15 Aug 2023 | £69,609 | £69,000 | 45 WYNOTHAM STREET |
8 Feb 2023 | £57,961 | £58,000 | 62 TOWNELEY STREET |
21 Nov 2022 | £69,162 | £70,000 | BRENNAND HOUSE FRASER STREET |
6 Jul 2022 | £120,324 | £120,000 | 1 BULCOCK STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Apr 2015. Using an estimated price of £60,455 means this house is valued at £728 per sq meter (£67 per sq foot).
The average size of a house on TOWNELEY STREET is 81 sq meters (876 sq feet).