£294,327
This estimated value is based upon the latest sale price for the house of £169,000 on 31 Oct 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£169,000 | 31 Oct 2011 |
£158,000 | 11 May 2007 |
Detached |
Freehold |
Floor Area: 87 sq meters or 939 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 October 2011 the House Price Index for LANCASHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £169,000 results in an estimated price of approximately £294,327.
31 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.158 % | £169,000 | £125,327 | £294,327 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | -3.213 % | £-5,429 | £163,570 |
3 Month Average | 18.626 % | £31,478 | £200,478 |
6 Month Average | 27.501 % | £46,476 | £215,476 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £205,209 | £200,000 | 93 WELLFIELD DRIVE |
13 Nov 2023 | £297,553 | £290,000 | 7 HAREFIELD RISE |
1 Sep 2023 | £240,297 | £235,000 | 23 HAREFIELD RISE |
16 Aug 2023 | £169,049 | £166,000 | 108 WELLFIELD DRIVE |
9 Jun 2023 | £258,174 | £253,000 | 11 HAREFIELD RISE |
This house has a floor area of 87 sq meters or 939 sq feet when measured on 29 Jun 2011. Using an estimated price of £294,327 means this house is valued at £3,373 per sq meter (£313 per sq foot).
The average size of a house on WELLFIELD DRIVE is 87 sq meters (946 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harefield Rise |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harefield Rise |
Jun 2024 | Anti-social behaviour | On or near Harefield Rise | |
Jun 2024 | Anti-social behaviour | On or near Harefield Rise | |
Jun 2024 | Anti-social behaviour | On or near Harefield Rise |