Full Address

HIGHER WELLHEAD COTTAGE WELL HEAD ROAD
NEWCHURCH IN PENDLE
BURNLEY
LANCASHIRE
UNITED KINGDOM
BB12 9LP

Estimated Market Value

£279,482

This estimated value is based upon the latest sale price for the house of £275,000 on 13 Jul 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE1

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Transactions for this house
Price PaidDate
£275,00013 Jul 2007
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 July 2007 the House Price Index for LANCASHIRE was 113.5.

The House Price Index as of 1 Dec 2019 is 115.3 which is a change of 1.630%.

Applying this 1.630% change to the original purchase price of £275,000 gives us an estimated price now of around £279,482.

13 Jul 2007 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
113.5 115.3 1.630 % £275,000 £4,482 £279,482

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 -8.515 % £-23,416 £251,583
3 Month Average 1.821 % £5,008 £280,008
6 Month Average 13.377 % £36,787 £311,787
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
4 Oct 2019 £425,454 £422,000 HIGHER SPEN BARN NOGGARTH ROAD
2 Aug 2019 £227,990 £224,950 12 NEWCHURCH VILLAGE
1 Aug 2019 £182,433 £180,000 ING END FARM
16 Jul 2019 £295,957 £290,000 HEIGHTS COTTAGE HEIGHTS LANE
20 May 2019 £310,807 £299,950 HEIGHT TOP COTTAGE STUMP HALL ROAD

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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