£142,395
This estimated value is based upon the latest sale price for the house of £140,000 on 11 May 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 11 May 2023 |
| £115,000 | 6 Jul 2017 |
| £135,000 | 19 Aug 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 May 2023 the House Price Index for LANCASHIRE was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £140,000 results in an estimated price of approximately £142,395.
| 11 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £140,000 | £2,395 | £142,395 |
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 | 35.496 % | £49,694 | £189,694 |
| 3 Month Average | 35.379 % | £49,530 | £189,530 |
| 6 Month Average | 7.341 % | £10,276 | £150,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £117,928 | £116,500 | FLAT 4 WELL COURT WELL TERRACE |
| 23 Jun 2023 | £88,573 | £87,500 | FLAT 20 WELL COURT WELL TERRACE |
| 27 Apr 2023 | £108,165 | £107,000 | FLAT 28 WELL COURT WELL TERRACE |
| 28 Mar 2023 | £102,970 | £102,000 | FLAT 49 WELL COURT WELL TERRACE |
| 9 Mar 2023 | £85,808 | £85,000 | FLAT 19 WELL COURT WELL TERRACE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 14 Jul 2011.
The average size of a house on WELL TERRACE is 52 sq meters (563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |