£186,639
This estimated value is based upon the latest sale price for the house of £111,000 on 29 Sep 2006. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £111,000 | 29 Sep 2006 |
| £43,000 | 1 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 September 2006 the House Price Index for LANCASHIRE was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.143%.Applying this 68.143% change to the original purchase price of £111,000 results in an estimated price of approximately £186,639.
| 29 Sep 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 146.7 | 68.143 % | £111,000 | £75,639 | £186,639 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 29.329 % | £32,554 | £143,554 |
| 3 Month Average | 22.730 % | £25,230 | £136,230 |
| 6 Month Average | 38.701 % | £42,957 | £153,957 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Dec 2019.
The average size of a house on MELBOURNE ROAD is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodville Street |
| Feb 2024 | Drugs | Local resolution | On or near Woodville Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodville Street |