£182,908
This estimated value is based upon the latest sale price for the house of £130,000 on 14 Oct 2015. 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 Elmwood Close
More crime details
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| Price Paid | Date |
|---|---|
| £130,000 | 14 Oct 2015 |
| £52,500 | 13 Jul 1998 |
| Detached |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2015 the House Price Index for LANCASHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £130,000 results in an estimated price of approximately £182,908.
| 14 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £130,000 | £52,908 | £182,908 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 45.578 % | £59,252 | £189,252 |
| 3 Month Average | 44.284 % | £57,568 | £187,568 |
| 6 Month Average | 35.628 % | £46,316 | £176,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £180,661 | £177,500 | 21 PINEWOOD DRIVE |
| 22 Aug 2023 | £95,838 | £95,000 | 88 SPENCER STREET |
| 7 Aug 2023 | £171,500 | £170,000 | 39 PINEWOOD DRIVE |
| 17 Mar 2023 | £185,750 | £184,000 | 11 LIMEWOOD CLOSE |
| 23 Mar 2022 | £124,351 | £120,000 | 28 PINEWOOD DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Sep 2015. Using an estimated price of £182,908 means this house is valued at £2,689 per sq meter (£249 per sq foot).
The average size of a house on LIMEWOOD CLOSE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elmwood Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Elmwood Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Elmwood Close |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sprucewood Close |
| Jan 2024 | Anti-social behaviour | On or near Moleside Close |