£187,043
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Jan 2008. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near Wellington Road
More crime details
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Price Paid | Date |
---|---|
£120,000 | 29 Jan 2008 |
£43,000 | 20 Jan 2000 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2008 the House Price Index for LANCASHIRE was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £120,000 results in an estimated price of approximately £187,043.
29 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 148.6 | 55.870 % | £120,000 | £67,043 | £187,043 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 15.619 % | £18,743 | £138,743 |
3 Month Average | 15.089 % | £18,107 | £138,107 |
6 Month Average | 27.808 % | £33,369 | £153,369 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £194,993 | £192,500 | 24 NEWSHAM ROAD |
14 Sep 2023 | £207,655 | £205,000 | 3 NEWSHAM ROAD |
8 Sep 2023 | £182,331 | £180,000 | WELLINGTON ROAD GARAGE WELLINGTON ROAD |
7 Sep 2023 | £197,526 | £195,000 | 8 WELLINGTON ROAD |
3 Mar 2023 | £221,588 | £219,500 | 10 ROSEBERY AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 May 2019. Using an estimated price of £187,043 means this house is valued at £2,226 per sq meter (£206 per sq foot).
The average size of a house on WELLINGTON ROAD is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Wellington Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellington Road |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Road |
Mar 2024 | Anti-social behaviour | On or near York Road | |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Rosebery Avenue |