£281,964
This estimated value is based upon the latest sale price for the house of £285,000 on 14 Oct 2022. 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 Mearley Syke
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| Price Paid | Date |
|---|---|
| £285,000 | 14 Oct 2022 |
| £255,000 | 13 Nov 2020 |
| £238,000 | 11 Jan 2019 |
| £220,000 | 24 Apr 2015 |
| £153,500 | 15 Aug 2003 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 October 2022 the House Price Index for LANCASHIRE was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £285,000 results in an estimated price of approximately £281,964.
| 14 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £285,000 | £-3,035 | £281,964 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | -14.097 % | £-40,177 | £244,822 |
| 3 Month Average | -1.023 % | £-2,914 | £282,085 |
| 6 Month Average | 0.966 % | £2,752 | £287,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £246,000 | £246,000 | 11 HOWE CROFT |
| 1 Mar 2024 | £200,000 | £200,000 | 53 MEARLEY SYKE |
| 24 Mar 2023 | £181,712 | £180,000 | 5 BRIGHT STREET |
| 17 Feb 2023 | £359,708 | £359,950 | 17 SPA GARTH |
| 14 Oct 2022 | £281,964 | £285,000 | 14 MEARLEY SYKE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 15 Apr 2013. Using an estimated price of £281,964 means this house is valued at £2,848 per sq meter (£264 per sq foot).
The average size of a house on MEARLEY SYKE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Mearley Syke |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Howe Croft |
| Feb 2024 | Anti-social behaviour | On or near Bright Street | |
| Feb 2024 | Anti-social behaviour | On or near Bright Street |