£120,978
This estimated value is based upon the latest sale price for the house of £99,000 on 27 Sep 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 Elmwood Close
More crime details
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| Price Paid | Date |
|---|---|
| £99,000 | 27 Sep 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £99,000 results in an estimated price of approximately £120,978.
| 27 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £99,000 | £21,978 | £120,978 |
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 | 59.907 % | £59,307 | £158,307 |
| 3 Month Average | 28.317 % | £28,033 | £127,033 |
| 6 Month Average | 22.056 % | £21,835 | £120,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £180,923 | £177,500 | 21 PINEWOOD DRIVE |
| 7 Aug 2023 | £171,040 | £170,000 | 39 PINEWOOD DRIVE |
| 17 Mar 2023 | £185,000 | £184,000 | 11 LIMEWOOD CLOSE |
| 13 May 2022 | £116,735 | £115,000 | 226 AVENUE PARADE |
| 23 Mar 2022 | £124,351 | £120,000 | 28 PINEWOOD DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 4 Jul 2019. Using an estimated price of £120,979 means this house is valued at £2,122 per sq meter (£197 per sq foot).
The average size of a house on ELMWOOD CLOSE is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Elmwood Close | |
| 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 |