£243,425
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Oct 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Mearley Syke
More crime details
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| Price Paid | Date |
|---|---|
| £220,000 | 20 Oct 2021 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 October 2021 the House Price Index for LANCASHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £220,000 results in an estimated price of approximately £243,425.
| 20 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £220,000 | £23,425 | £243,425 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 40.533 % | £89,172 | £309,172 |
| 3 Month Average | 11.050 % | £24,310 | £244,310 |
| 6 Month Average | 6.889 % | £15,156 | £235,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £200,000 | £200,000 | 53 MEARLEY SYKE |
| 27 Jan 2023 | £197,072 | £198,000 | 37 PENDLE ROAD |
| 14 Oct 2022 | £281,964 | £285,000 | 14 MEARLEY SYKE |
| 26 Aug 2022 | £334,101 | £335,000 | 20 MEARLEY SYKE |
| 17 Feb 2022 | £288,339 | £274,950 | 23 SPA GARTH |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 14 Jan 2016. Using an estimated price of £243,425 means this house is valued at £2,386 per sq meter (£221 per sq foot).
The average size of a house on PENDLE ROAD is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mearley Syke |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Standen Road |