£127,304
This estimated value is based upon the latest sale price for the house of £117,950 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £117,950 | 9 Dec 2021 |
| £54,250 | 5 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 744 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 December 2021 the House Price Index for LANCASHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £117,950 results in an estimated price of approximately £127,304.
| 9 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £117,950 | £9,354 | £127,304 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | 155.750 % | £183,707 | £301,657 |
| 3 Month Average | 16.797 % | £19,811 | £137,761 |
| 6 Month Average | 4.491 % | £5,297 | £123,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £216,657 | £210,000 | 146 MERCURY WAY |
| 14 Feb 2023 | £171,143 | £170,000 | 16 MERCURY WAY |
| 20 Jan 2023 | £140,375 | £140,000 | 43 MERCURY WAY |
| 8 Sep 2022 | £155,396 | £155,500 | 116 MERCURY WAY |
| 8 Apr 2022 | £223,046 | £215,000 | 23 MERCURY WAY |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 3 Dec 2008. Using an estimated price of £127,304 means this house is valued at £1,840 per sq meter (£170 per sq foot).
The average size of a house on MERCURY WAY is 88 sq meters (950 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penwell Fold |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrier Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mercury Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mercury Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mercury Way |