£131,700
This estimated value is based upon the latest sale price for the house of £126,950 on 11 Apr 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £126,950 | 11 Apr 2022 |
| £64,000 | 25 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 April 2022 the House Price Index for LANCASHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £126,950 results in an estimated price of approximately £131,700.
| 11 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £126,950 | £4,750 | £131,700 |
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 | 45.962 % | £58,348 | £185,298 |
| 3 Month Average | 3.119 % | £3,959 | £130,909 |
| 6 Month Average | 6.763 % | £8,585 | £135,535 |
| 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 79 sq meters or 850 sq feet when measured on 7 Jun 2019. Using an estimated price of £131,701 means this house is valued at £1,667 per sq meter (£154 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 | Investigation complete; no suspect identified | On or near Hill Street |
| Sep 2024 | Public order | Under investigation | 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 |