£18,723
This estimated value is based upon the latest sale price for the house of £15,000 on 23 Apr 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£15,000 | 23 Apr 2018 |
£160,000 | 7 Aug 2017 |
Freehold |
Floor Area: 279 sq meters or 3,003 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 April 2018 the House Price Index for LANCASHIRE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £15,000 results in an estimated price of approximately £18,723.
23 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £15,000 | £3,723 | £18,723 |
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 | 42.782 % | £6,417 | £21,417 |
3 Month Average | 9.664 % | £1,449 | £16,449 |
6 Month Average | 38.641 % | £5,796 | £20,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £280,272 | £276,500 | 36 FOREST DRIVE |
27 Apr 2023 | £149,611 | £148,000 | 2 PINEWOOD |
3 Mar 2023 | £393,709 | £390,000 | 240 ELMERS GREEN LANE |
19 Jan 2023 | £363,289 | £365,000 | 3 OAK TREE COURT |
23 Feb 2022 | £161,499 | £154,000 | 9 OAKWOOD |
This house has a floor area of 279 sq meters or 3,003 sq feet when measured on 27 Jan 2014. Using an estimated price of £18,724 means this house is valued at £67 per sq meter (£6 per sq foot).
The average size of a house on ELMERS GREEN LANE is 175 sq meters (1,888 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Elmer'S Green Lane | |
Feb 2024 | Anti-social behaviour | On or near Elmer'S Green Lane | |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Pinewood |
Mar 2024 | Anti-social behaviour | On or near Ashwood | |
Mar 2024 | Anti-social behaviour | On or near Ashwood |