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10, Wellbank Close, Little Lever, Bolton, Greater Manchester, BL3 1LW See map
10 Wellbank Close is a 890 square foot semi-detached house with a valuation of £127,000.
Since the house was last sold in June 2009 for £70,000, its value has risen by £57,000.
Valuation Trends
Sold house prices and home valuation trends over time
Learn about how we value property
Property Summary
House features, location, and investment performance
10 Wellbank Close is a leasehold semi-detached house, built in 1996-2002. A 2009 survey recorded the property as having 890 square feet of floor space and space for 2 or 3 bedrooms, depending on layout.
The property was a reasonable investment for its previous owner, who made a £5,000 profit between March 2006 and June 2009.
Investment
10, Wellbank Close, Little Lever, Bolton, Greater Manchester BL3 1LW
Sold House Prices
Timeline of sold house prices and cost per square foot
Since 10 Wellbank Close's first recorded sale in 2006, the house's price has risen by £62,000 or 5% per year.
During the same period, the price of an average home on Wellbank Close increased by £55,000 or 4% per year, and the average UK home increased by 4% per year.
- Current valuation£127,000
Semi-detached house leasehold, £143 per square foot
+ 81% - Sold June 2009£70,000
Semi-detached house leasehold, £79 per square foot
+ 8% - Sold March 2006£65,000
Semi-detached house leasehold, £73 per square foot
Valuation Comparison
Comparison of local and national house prices
House Prices in Wellbank Close start at £92,000 for the cheapest property on the street, rising to £188,000 for the most expensive.
10 Wellbank Close is worth 1% less than the £128,000 average property on Wellbank Close and 58% less than the £300,000 average home in England.
Average Semi-detached House Prices in North West England
AREA
VALUE
Difference
10 Wellbank Close
£127,000
Cost per square foot valuation
Using local prices per square foot as benchmarks for valuation
When valuing this property, one factor we consider is the average cost per square foot (CPSF) for semi-detached houses in the area. Based on this metric alone, the property's valuation would be £145,000.
Our valuation is at the lower end of the £109 to £216 CPSF you would have to pay for a typical semi-detached house in Wellbank Close. Factors such as features and outdoor space affect CPSF, with past sale prices reflecting these differences.
Area
Cost per sq ft
Difference
10 Wellbank Close
£143
Recently sold nearby
View allEnergy Efficiency
Energy usage and efficiency compared to the average semi-detached house in England and Wales. Figures from a 2009 survey
PROPERTY
Average semi-detached
EPC Rating
Energy efficiency
D
D
Energy consumption
kWh per year
22,000
21,000
CO₂ emissions
Tonnes per year
3.1
3.9
Learn about Energy Performance Certificates (EPCs)
Valuation details
Property valuation details and commonly asked questions
In this section
- What condition is the property in?
- How is the property valuation estimated?
- Where are the figures sourced?
- What should I do if the details are incorrect?
What condition is the property in?
At a sale price of £127,000, the property’s cost per square foot suggests it may be more modest in condition or features compared to neighbouring homes.
Making home improvements could increase the cost per square foot within the £109 to £216 per square foot range we typically see for semi-detached houses in Wellbank Close, increasing the property's value.
How is the property valuation estimated?
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Where are the figures sourced?
Sold house prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
Other property details, such as energy efficiency, are estimates from a 2009 property survey.
What should I do if the details are incorrect?
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.
If any other property details are incorrect or out-of-date, they will update automatically when next surveyed.
You can verify property details related to energy efficiency.
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