£127,223
This estimated value is based upon the latest sale price for the house of £120,000 on 10 Jan 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £120,000 | 10 Jan 2022 |
| £88,000 | 25 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 January 2022 the House Price Index for LANCASHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £120,000 results in an estimated price of approximately £127,223.
| 10 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £120,000 | £7,223 | £127,223 |
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 | 57.995 % | £69,593 | £189,593 |
| 3 Month Average | 22.698 % | £27,237 | £147,237 |
| 6 Month Average | 4.915 % | £5,897 | £125,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £192,965 | £190,000 | 34 WELLHOUSE ROAD |
| 23 Nov 2023 | £225,730 | £220,000 | 36 WELLHOUSE SQUARE |
| 27 Oct 2023 | £148,370 | £145,000 | 24 WELLHOUSE ROAD |
| 24 Aug 2023 | £93,690 | £92,000 | 3 EAST PARADE |
| 13 Apr 2023 | £118,211 | £116,000 | 13 COOPERATIVE STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 31 Jul 2014. Using an estimated price of £127,224 means this house is valued at £1,479 per sq meter (£137 per sq foot).
The average size of a house on WELLHOUSE ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellhouse Square |
| Sep 2024 | Public order | Under investigation | On or near Hill Street |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Hill Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hill Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Street |