£226,784
This estimated value is based upon the latest sale price for the house of £114,000 on 26 May 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 26 May 2004 |
| £50,800 | 9 Apr 1998 |
| Terraced |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2004 the House Price Index for LANCASHIRE was 73.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 98.933%.Applying this 98.933% change to the original purchase price of £114,000 results in an estimated price of approximately £226,784.
| 26 May 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 146.7 | 98.933 % | £114,000 | £112,784 | £226,784 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 17.072 % | £19,462 | £133,462 |
| 3 Month Average | 57.906 % | £66,013 | £180,013 |
| 6 Month Average | 54.404 % | £62,020 | £176,020 |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Sep 2013.
The average size of a house on MELLINGS WOOD is 67 sq meters (729 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mellings Wood | |
| Mar 2024 | Anti-social behaviour | On or near Queensway | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Queensway |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Queensway |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Queensway |