£111,338
This estimated value is based upon the latest sale price for the house of £83,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £83,000 | 29 Jul 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £83,000 results in an estimated price of approximately £111,338.
| 29 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £83,000 | £28,338 | £111,338 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 7.288 % | £6,048 | £89,048 |
| 3 Month Average | 47.501 % | £39,425 | £122,425 |
| 6 Month Average | 45.333 % | £37,626 | £120,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £106,638 | £105,000 | FLAT 33 WELL COURT WELL TERRACE |
| 27 Jun 2023 | £118,882 | £116,500 | FLAT 4 WELL COURT WELL TERRACE |
| 23 Jun 2023 | £89,289 | £87,500 | FLAT 20 WELL COURT WELL TERRACE |
| 27 Apr 2023 | £109,039 | £107,000 | FLAT 28 WELL COURT WELL TERRACE |
| 28 Mar 2023 | £103,732 | £102,000 | FLAT 49 WELL COURT WELL TERRACE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 31 Jan 2015. Using an estimated price of £111,339 means this house is valued at £2,530 per sq meter (£235 per sq foot).
The average size of a house on WELL TERRACE is 52 sq meters (563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Well Terrace |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jul 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |