£172,773
This estimated value is based upon the latest sale price for the house of £155,000 on 12 Oct 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 12 Oct 2021 |
| £177,500 | 29 Feb 2008 |
| Terraced |
| Freehold |
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 October 2021 the House Price Index for LANCASHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £155,000 results in an estimated price of approximately £172,773.
| 12 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £155,000 | £17,773 | £172,773 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 36.747 % | £56,957 | £211,957 |
| 3 Month Average | 38.589 % | £59,813 | £214,813 |
| 6 Month Average | 25.347 % | £39,287 | £194,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £159,914 | £155,000 | 18 STANLEY ROAD |
| 13 Mar 2023 | £177,972 | £175,000 | 26 MEARS BECK CLOSE |
| 2 Mar 2023 | £117,970 | £116,000 | 50 GRANVILLE ROAD |
| 30 Jan 2023 | £169,453 | £169,000 | 4 MEARS BECK CLOSE |
| 25 Mar 2022 | £67,856 | £65,000 | 27A GRANVILLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Mears Beck Close | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mears Beck Close |
| Oct 2024 | Anti-social behaviour | On or near Mears Beck Close | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mears Beck Close |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Mears Beck Close |