£273,024
This estimated value is based upon the latest sale price for the house of £158,000 on 22 Jul 2011. 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 |
|---|---|
| £158,000 | 22 Jul 2011 |
| £152,500 | 8 Apr 2005 |
| £93,000 | 4 Apr 2003 |
| £67,000 | 31 Mar 2000 |
| £53,000 | 4 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 718 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 2011 the House Price Index for LANCASHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £158,000 results in an estimated price of approximately £273,024.
| 22 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £158,000 | £115,024 | £273,024 |
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 | 17.977 % | £28,403 | £186,403 |
| 3 Month Average | 38.518 % | £60,857 | £218,857 |
| 6 Month Average | 33.489 % | £52,913 | £210,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £246,000 | £246,000 | 11 HOWE CROFT |
| 3 Apr 2023 | £274,961 | £272,000 | 1 ABBOT WALK |
| 6 May 2022 | £407,682 | £400,000 | 32 BRACKEN HEY |
| 30 Jun 2021 | £295,054 | £275,000 | 4 ROMAN WAY |
| 29 Jun 2021 | £464,040 | £432,500 | 26 BRACKEN HEY |
This house has a floor area of 66 sq meters or 718 sq feet when measured on 24 Sep 2010. Using an estimated price of £273,025 means this house is valued at £4,092 per sq meter (£380 per sq foot).
The average size of a house on ROMAN WAY is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mearley Syke |
| Feb 2024 | Anti-social behaviour | On or near Bright Street | |
| Feb 2024 | Anti-social behaviour | On or near Bright Street | |
| Feb 2024 | Public order | Under investigation | On or near Bright Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |