£141,046
This estimated value is based upon the latest sale price for the house of £142,000 on 12 Aug 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £142,000 | 12 Aug 2022 |
| £105,000 | 28 Sep 2018 |
| £5,000 | 28 Sep 2018 |
| £95,000 | 29 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2022 the House Price Index for LANCASHIRE was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £142,000 results in an estimated price of approximately £141,046.
| 12 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £142,000 | £-953 | £141,046 |
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 | -39.674 % | £-56,336 | £85,663 |
| 3 Month Average | -7.483 % | £-10,626 | £131,373 |
| 6 Month Average | 4.364 % | £6,196 | £148,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £222,861 | £220,000 | 36 WELLHOUSE SQUARE |
| 24 Aug 2023 | £92,563 | £92,000 | 3 EAST PARADE |
| 13 Apr 2023 | £116,869 | £116,000 | 13 COOPERATIVE STREET |
| 9 Mar 2023 | £88,428 | £87,950 | 15 HILL STREET |
| 21 Feb 2023 | £124,412 | £125,000 | 16 EAST HILL STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 20 Jan 2014. Using an estimated price of £141,047 means this house is valued at £1,567 per sq meter (£145 per sq foot).
The average size of a house on WELLHOUSE ROAD is 100 sq meters (1,081 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 | Anti-social behaviour | On or near Railway Street |