£163,185
This estimated value is based upon the latest sale price for the house of £128,000 on 13 Jul 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near Melbreck
More crime details
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Price Paid | Date |
---|---|
£128,000 | 13 Jul 2017 |
£85,000 | 19 Jan 2004 |
£36,000 | 24 Feb 1998 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 July 2017 the House Price Index for LANCASHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £128,000 results in an estimated price of approximately £163,185.
13 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £128,000 | £35,185 | £163,185 |
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 | 10.718 % | £13,719 | £141,719 |
3 Month Average | 21.725 % | £27,808 | £155,808 |
6 Month Average | 39.953 % | £51,139 | £179,139 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £204,792 | £203,000 | 5 MELBRECK |
21 Oct 2022 | £163,242 | £165,000 | 22 MARLAND |
30 Sep 2022 | £193,438 | £195,000 | 15 MEREWOOD |
8 Aug 2022 | £214,423 | £215,000 | 25 MEREWOOD |
31 Mar 2022 | £126,942 | £122,500 | 44 MELBRECK |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 10 Feb 2017. Using an estimated price of £163,186 means this house is valued at £1,875 per sq meter (£174 per sq foot).
The average size of a house on MELBRECK is 95 sq meters (1,031 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Melbreck |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Melbreck |
Dec 2023 | Anti-social behaviour | On or near Melbreck | |
Dec 2023 | Anti-social behaviour | On or near Melbreck | |
Dec 2023 | Anti-social behaviour | On or near Melbreck |