£299,470
This estimated value is based upon the latest sale price for the house of £223,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £223,000 | 13 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 May 2016 the House Price Index for LANCASHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £223,000 results in an estimated price of approximately £299,470.
| 13 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £223,000 | £76,470 | £299,470 |
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 | 50.082 % | £111,683 | £334,683 |
| 3 Month Average | 54.263 % | £121,006 | £344,006 |
| 6 Month Average | 37.072 % | £82,670 | £305,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £246,000 | £246,000 | 11 HOWE CROFT |
| 1 Mar 2024 | £200,000 | £200,000 | 53 MEARLEY SYKE |
| 24 Mar 2023 | £181,712 | £180,000 | 5 BRIGHT STREET |
| 14 Oct 2022 | £281,964 | £285,000 | 14 MEARLEY SYKE |
| 26 Aug 2022 | £334,101 | £335,000 | 20 MEARLEY SYKE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 30 Oct 2015. Using an estimated price of £299,470 means this house is valued at £2,994 per sq meter (£278 per sq foot).
The average size of a house on MEARLEY SYKE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Bright Street |
| Feb 2024 | Anti-social behaviour | On or near Bright Street | |
| Feb 2024 | Anti-social behaviour | On or near Bright Street | |
| Feb 2024 | Anti-social behaviour | On or near Bright Street | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Howe Croft |