£107,456
This estimated value is based upon the latest sale price for the house of £93,500 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £93,500 | 23 Jul 2021 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 900 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 2021 the House Price Index for LANCASHIRE was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £93,500 results in an estimated price of approximately £107,456.
| 23 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £93,500 | £13,956 | £107,456 |
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 | 53.892 % | £50,389 | £143,889 |
| 3 Month Average | 9.536 % | £8,916 | £102,416 |
| 6 Month Average | 8.944 % | £8,362 | £101,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £223,306 | £220,000 | 36 WELLHOUSE SQUARE |
| 25 Aug 2023 | £121,059 | £120,000 | 13 WELLHOUSE STREET |
| 21 Jul 2023 | £192,592 | £190,000 | 2 TURNER STREET |
| 9 Mar 2023 | £88,786 | £87,950 | 15 HILL STREET |
| 27 Feb 2023 | £99,933 | £100,000 | 23 WELLHOUSE STREET |
This house has a floor area of 83 sq meters or 900 sq feet when measured on 19 Mar 2012. Using an estimated price of £107,456 means this house is valued at £1,283 per sq meter (£119 per sq foot).
The average size of a house on HILL STREET is 57 sq meters (616 sq feet).
This house is the largest in the street with a floor area of 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellhouse Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Hills Street |