£218,920
This estimated value is based upon the latest sale price for the house of £178,500 on 27 Nov 2019. 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
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £178,500 | 27 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2019 the House Price Index for LANCASHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £178,500 results in an estimated price of approximately £218,920.
| 27 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £178,500 | £40,420 | £218,920 |
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 | -3.043 % | £-5,431 | £173,068 |
| 3 Month Average | 0.838 % | £1,495 | £179,995 |
| 6 Month Average | 25.154 % | £44,899 | £223,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £204,792 | £203,000 | 5 MELBRECK |
| 24 Mar 2023 | £183,731 | £182,000 | 56 MEREWOOD |
| 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 115 sq meters or 1,237 sq feet when measured on 5 Jun 2019. Using an estimated price of £218,921 means this house is valued at £1,903 per sq meter (£176 per sq foot).
The average size of a house on MEREWOOD is 121 sq meters (1,304 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 |