£130,382
This estimated value is based upon the latest sale price for the house of £109,000 on 14 Sep 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £109,000 | 14 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2020 the House Price Index for LANCASHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £109,000 results in an estimated price of approximately £130,382.
| 14 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £109,000 | £21,382 | £130,382 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 35.511 % | £38,706 | £147,706 |
| 3 Month Average | 29.155 % | £31,778 | £140,778 |
| 6 Month Average | 24.954 % | £27,199 | £136,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £53,500 | £53,500 | 33 COBDEN STREET |
| 24 Nov 2023 | £128,256 | £125,000 | 29 BEECH STREET |
| 29 Sep 2023 | £61,352 | £60,000 | 36 PHILLIP STREET |
| 15 Sep 2023 | £127,818 | £125,000 | 6 COBDEN STREET |
| 29 Jun 2023 | £69,391 | £68,000 | 30 COBDEN STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 17 Mar 2020. Using an estimated price of £130,383 means this house is valued at £1,253 per sq meter (£116 per sq foot).
The average size of a house on WELLINGTON STREET is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Back Chapel Street |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Cobden Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cobden Street |
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Philip Street |