£186,909
This estimated value is based upon the latest sale price for the house of £150,000 on 7 Aug 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 7 Aug 2018 |
| £95,500 | 10 Feb 2017 |
| Detached |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2018 the House Price Index for LANCASHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £150,000 results in an estimated price of approximately £186,909.
| 7 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £150,000 | £36,909 | £186,909 |
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 | -14.363 % | £-21,543 | £128,456 |
| 3 Month Average | 16.489 % | £24,733 | £174,733 |
| 6 Month Average | 16.795 % | £25,192 | £175,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £165,072 | £160,000 | 36 HARGROVE AVENUE |
| 13 Nov 2023 | £297,553 | £290,000 | 7 HAREFIELD RISE |
| 1 Sep 2023 | £240,297 | £235,000 | 23 HAREFIELD RISE |
| 9 Jun 2023 | £258,174 | £253,000 | 11 HAREFIELD RISE |
| 2 Jun 2023 | £408 | £400 | 35 WELLFIELD DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 24 Nov 2016. Using an estimated price of £186,909 means this house is valued at £3,337 per sq meter (£310 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 | Other theft | Under investigation | On or near Netherfield Close |
| Sep 2024 | Other crime | Action to be taken by another organisation | On or near Netherfield Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Somerford Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Somerford Close |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Somerford Close |