£163,313
This estimated value is based upon the latest sale price for the house of £118,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 18 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2015 the House Price Index for LANCASHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £118,000 results in an estimated price of approximately £163,313.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £118,000 | £45,313 | £163,313 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | 26.877 % | £31,714 | £149,714 |
| 3 Month Average | 19.277 % | £22,746 | £140,746 |
| 6 Month Average | 49.701 % | £58,647 | £176,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £160,814 | £158,000 | 34 MANFIELD |
| 25 Aug 2023 | £204,792 | £203,000 | 5 MELBRECK |
| 25 Aug 2023 | £337,957 | £335,000 | 13 MOUNTWOOD |
| 21 Oct 2022 | £163,242 | £165,000 | 22 MARLAND |
| 30 Sep 2022 | £193,438 | £195,000 | 15 MEREWOOD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 28 Apr 2014. Using an estimated price of £163,314 means this house is valued at £1,967 per sq meter (£182 per sq foot).
The average size of a house on MARLAND is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mountwood |
| Feb 2024 | Anti-social behaviour | On or near Mountwood | |
| Feb 2024 | Anti-social behaviour | On or near Mountwood | |
| Feb 2024 | Anti-social behaviour | On or near Mountwood | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mountwood |