£179,396
This estimated value is based upon the latest sale price for the house of £146,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £146,000 | 31 Jan 2020 |
| £125,000 | 25 Apr 2014 |
| £106,000 | 9 Jul 2004 |
| £59,950 | 25 May 2000 |
| Semi-Detached |
| Leasehold |
| 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 £146,000 results in an estimated price of approximately £179,396.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £146,000 | £33,396 | £179,396 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | -12.414 % | £-18,125 | £127,874 |
| 3 Month Average | 7.117 % | £10,390 | £156,390 |
| 6 Month Average | 19.910 % | £29,068 | £175,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £214,294 | £210,000 | 53 PRINTERS FOLD |
| 30 Jan 2023 | £140,375 | £140,000 | 2 BEAR STREET |
| 8 Jun 2022 | £214,587 | £210,000 | 74 PRINTERS FOLD |
| 7 Apr 2022 | £173,509 | £167,250 | 1A PRINTERS FOLD |
| 25 Mar 2022 | £169,639 | £162,500 | 70 PRINTERS FOLD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Oct 2013. Using an estimated price of £179,396 means this house is valued at £2,599 per sq meter (£241 per sq foot).
The average size of a house on MERLIN GROVE is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Knotts Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bear Street |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Marlowe Avenue |