£215,358
This estimated value is based upon the latest sale price for the house of £137,500 on 5 Oct 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £137,500 | 5 Oct 2007 |
| £72,950 | 17 Oct 2002 |
| £52,000 | 10 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2007 the House Price Index for LANCASHIRE was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £137,500 results in an estimated price of approximately £215,358.
| 5 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £137,500 | £77,858 | £215,358 |
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 | -10.531 % | £-14,479 | £123,020 |
| 3 Month Average | 13.306 % | £18,296 | £155,796 |
| 6 Month Average | 14.503 % | £19,941 | £157,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £190,865 | £185,000 | 3 WELLFIELD DRIVE |
| 16 Jun 2023 | £142,863 | £140,000 | 40 WESTWOOD ROAD |
| 26 Aug 2022 | £146,686 | £146,000 | 37 WESTWOOD ROAD |
| 21 Jul 2022 | £151,518 | £150,000 | 41 WESTWOOD ROAD |
| 15 Jul 2022 | £189,852 | £187,950 | 4 BRAMLEY AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Sep 2015. Using an estimated price of £215,358 means this house is valued at £2,291 per sq meter (£212 per sq foot).
The average size of a house on WELLFIELD DRIVE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellfield Drive |
| Jun 2024 | Anti-social behaviour | On or near Herschel Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Herschel Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Herschel Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Herschel Avenue |