£465,378
This estimated value is based upon the latest sale price for the house of £440,000 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £440,000 | 16 Dec 2021 |
| £320,000 | 19 Aug 2015 |
| £310,000 | 2 Dec 2005 |
| £225,000 | 23 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 December 2021 the House Price Index for LANCASHIRE was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £440,000 results in an estimated price of approximately £465,378.
| 16 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £440,000 | £25,378 | £465,378 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | -29.876 % | £-131,456 | £308,543 |
| 3 Month Average | 3.179 % | £13,987 | £453,987 |
| 6 Month Average | 10.462 % | £46,033 | £486,033 |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 23 Sep 2021.
The average size of a house on MELIA CLOSE is 291 sq meters (3,136 sq feet).
This house is the smallest in the street with a floor area of 164 sq meters (1,765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Possession of weapons | Further action is not in the public interest | On or near Conference/Exhibition Centre |
| Jan 2024 | Violence and sexual offences | Offender given penalty notice | On or near Oakley Road |
| Dec 2023 | Public order | Under investigation | On or near Oakley Road |
| Dec 2023 | Public order | Local resolution | On or near Oakley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Haworth Avenue |