£135,161
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 10 Jan 2020 |
| £65,950 | 25 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 January 2020 the House Price Index for LANCASHIRE was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £110,000 results in an estimated price of approximately £135,161.
| 10 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £110,000 | £25,161 | £135,161 |
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 | 118.746 % | £130,621 | £240,621 |
| 3 Month Average | 30.437 % | £33,480 | £143,480 |
| 6 Month Average | 20.912 % | £23,002 | £133,002 |
| 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 742 sq feet when measured on 12 Feb 2019. Using an estimated price of £135,162 means this house is valued at £1,958 per sq meter (£181 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 |