£149,194
This estimated value is based upon the latest sale price for the house of £137,950 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £137,950 | 26 Nov 2021 |
| £78,000 | 30 May 2008 |
| Terraced |
| Freehold |
| 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 November 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £137,950 results in an estimated price of approximately £149,194.
| 26 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £137,950 | £11,244 | £149,194 |
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 | 39.407 % | £54,362 | £192,312 |
| 3 Month Average | 21.282 % | £29,358 | £167,308 |
| 6 Month Average | 16.652 % | £22,972 | £160,922 |
| 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 |
| 13 Apr 2023 | £117,263 | £116,000 | 13 COOPERATIVE 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 80 sq meters or 861 sq feet when measured on 25 Nov 2014. Using an estimated price of £149,195 means this house is valued at £1,864 per sq meter (£173 per sq foot).
The average size of a house on WELLHOUSE SQUARE is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Hills 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 Bank Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellhouse Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Railway Street |