£224,717
This estimated value is based upon the latest sale price for the house of £180,000 on 13 Jul 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 13 Jul 2018 |
| £142,000 | 9 May 2013 |
| £59,000 | 1 Nov 1995 |
| Terraced |
| 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 July 2018 the House Price Index for LANCASHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £180,000 results in an estimated price of approximately £224,717.
| 13 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £180,000 | £44,717 | £224,717 |
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 | -9.813 % | £-17,663 | £162,336 |
| 3 Month Average | 36.648 % | £65,966 | £245,966 |
| 6 Month Average | 34.555 % | £62,199 | £242,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £210,000 | £210,000 | 27 MEARLEY SYKE |
| 17 Feb 2023 | £362,371 | £359,950 | 17 SPA GARTH |
| 14 Oct 2022 | £284,051 | £285,000 | 14 MEARLEY SYKE |
| 26 Aug 2022 | £336,574 | £335,000 | 20 MEARLEY SYKE |
| 17 Feb 2022 | £290,473 | £274,950 | 23 SPA GARTH |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Feb 2018. Using an estimated price of £224,717 means this house is valued at £3,256 per sq meter (£302 per sq foot).
The average size of a house on MEARLEY SYKE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Howe Croft | |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Howe Croft |
| May 2024 | Anti-social behaviour | On or near Shopping Area | |
| May 2024 | Criminal damage and arson | Offender given a caution | On or near Shopping Area |
| May 2024 | Anti-social behaviour | On or near Shopping Area |