£338,381
This estimated value is based upon the latest sale price for the house of £248,000 on 15 Apr 2016. 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 Mellings Wood
More crime details
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Price Paid | Date |
---|---|
£248,000 | 15 Apr 2016 |
£100,000 | 7 Aug 2000 |
£65,000 | 5 Sep 1996 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 April 2016 the House Price Index for LANCASHIRE was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £248,000 results in an estimated price of approximately £338,381.
15 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £248,000 | £90,381 | £338,381 |
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 | -4.322 % | £-10,718 | £237,281 |
3 Month Average | 29.624 % | £73,466 | £321,466 |
6 Month Average | 20.360 % | £50,493 | £298,493 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2024 | £285,000 | £285,000 | 8 EAVES ROAD |
17 Jul 2024 | £267,500 | £267,500 | 17 HESKETH ROAD |
8 Apr 2024 | £375,763 | £372,500 | 41 SALISBURY AVENUE |
19 Dec 2023 | £273,401 | £265,000 | 200 KILNHOUSE LANE |
11 Oct 2023 | £191,346 | £187,000 | 199 KILNHOUSE LANE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 10 Nov 2015. Using an estimated price of £338,381 means this house is valued at £2,469 per sq meter (£229 per sq foot).
The average size of a house on KILNHOUSE LANE is 95 sq meters (1,028 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Local resolution | On or near Mellings Wood |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensway |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Queensway |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensway |
Jul 2024 | Violence and sexual offences | Local resolution | On or near Queensway |