£113,503
This estimated value is based upon the latest sale price for the house of £77,000 on 24 Mar 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £77,000 | 24 Mar 2015 |
| £69,500 | 27 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 March 2015 the House Price Index for LANCASHIRE was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £77,000 results in an estimated price of approximately £113,503.
| 24 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £77,000 | £36,503 | £113,503 |
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 | 71.966 % | £55,413 | £132,413 |
| 3 Month Average | 69.481 % | £53,500 | £130,500 |
| 6 Month Average | 52.515 % | £40,436 | £117,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £60,777 | £60,000 | 36 PHILLIP STREET |
| 28 Jul 2023 | £268,615 | £265,000 | 17 KING STREET |
| 21 Jul 2023 | £131,723 | £129,950 | 47 COBDEN STREET |
| 31 Mar 2023 | £171,566 | £169,950 | 15 KING STREET |
| 30 Jan 2023 | £144,320 | £145,000 | APARTMENT 11 OLD SCHOOL HOUSE WELLINGTON STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 19 May 2014. Using an estimated price of £113,503 means this house is valued at £1,091 per sq meter (£101 per sq foot).
The average size of a house on WELLINGTON STREET is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Back Chapel Street |
| Mar 2024 | Anti-social behaviour | On or near Philip Street | |
| Mar 2024 | Anti-social behaviour | On or near Philip Street | |
| Mar 2024 | Other theft | Under investigation | On or near Wellington Street |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Wellington Street |