£259,378
This estimated value is based upon the latest sale price for the house of £190,000 on 17 Feb 2016. 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
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| Price Paid | Date |
|---|---|
| £190,000 | 17 Feb 2016 |
| £101,000 | 15 Nov 2002 |
| £59,950 | 2 May 1997 |
| £59,995 | 12 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 2016 the House Price Index for LANCASHIRE was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £190,000 results in an estimated price of approximately £259,378.
| 17 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £190,000 | £69,378 | £259,378 |
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 | 92.772 % | £176,266 | £366,266 |
| 3 Month Average | 47.478 % | £90,209 | £280,209 |
| 6 Month Average | 32.316 % | £61,400 | £251,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £200,000 | £200,000 | 53 MEARLEY SYKE |
| 17 Feb 2023 | £359,708 | £359,950 | 17 SPA GARTH |
| 14 Oct 2022 | £281,964 | £285,000 | 14 MEARLEY SYKE |
| 26 Aug 2022 | £334,101 | £335,000 | 20 MEARLEY SYKE |
| 20 Jun 2022 | £196,274 | £193,500 | 7 BRIGHT STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 6 Jan 2016. Using an estimated price of £259,379 means this house is valued at £3,759 per sq meter (£349 per sq foot).
The average size of a house on MEARLEY SYKE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mearley Syke |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Howe Croft |
| Feb 2024 | Anti-social behaviour | On or near Bright Street | |
| Feb 2024 | Anti-social behaviour | On or near Bright Street |