£177,465
This estimated value is based upon the latest sale price for the house of £126,500 on 16 Nov 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £126,500 | 16 Nov 2015 |
| Detached |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 November 2015 the House Price Index for LANCASHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £126,500 results in an estimated price of approximately £177,465.
| 16 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £126,500 | £50,965 | £177,465 |
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 | 55.763 % | £70,540 | £197,040 |
| 3 Month Average | 42.327 % | £53,543 | £180,043 |
| 6 Month Average | 34.553 % | £43,709 | £170,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £127,000 | £127,000 | 21 HARGROVE AVENUE |
| 15 Dec 2023 | £165,072 | £160,000 | 36 HARGROVE AVENUE |
| 1 Sep 2023 | £240,297 | £235,000 | 23 HAREFIELD RISE |
| 16 Aug 2023 | £162,939 | £160,000 | 3 HARGROVE AVENUE |
| 2 Jun 2023 | £153,067 | £150,000 | 40 HARGROVE AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 17 Oct 2013. Using an estimated price of £177,466 means this house is valued at £2,398 per sq meter (£222 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 | Violence and sexual offences | Local resolution | On or near Wesley Grove |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Wesley Grove |
| 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 | Anti-social behaviour | On or near Coverdale Way |