£135,000
This estimated value is based upon the latest sale price for the house of £135,000 on 15 Mar 2024. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £135,000 | 15 Mar 2024 |
| £116,000 | 19 Mar 2015 |
| £120,000 | 14 Dec 2006 |
| £94,000 | 14 Jul 2004 |
| £39,750 | 15 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 505 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 2024 the House Price Index for LANCASHIRE was 148.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £135,000 results in an estimated price of approximately £135,000.
| 15 Mar 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 148.6 | 0.000 % | £135,000 | £0 | £135,000 |
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 | 101.272 % | £136,717 | £271,717 |
| 3 Month Average | 2.114 % | £2,853 | £137,853 |
| 6 Month Average | 0.214 % | £288 | £135,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £135,000 | £135,000 | 10 MELROSE STREET |
| 18 Dec 2023 | £129,262 | £127,000 | 47 BALMORAL ROAD |
| 13 Mar 2023 | £135,274 | £134,000 | 54 MELROSE STREET |
| 9 Dec 2021 | £160,707 | £150,000 | 75 BALMORAL ROAD |
| 26 Nov 2021 | £275,786 | £255,000 | 21 BALMORAL ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 25 Jul 2014. Using an estimated price of £135,000 means this house is valued at £2,872 per sq meter (£266 per sq foot).
The average size of a house on MELROSE STREET is 49 sq meters (535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near East Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Balmoral Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Stirling Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Stirling Road |
| Feb 2024 | Anti-social behaviour | On or near Park Square |