£178,574
This estimated value is based upon the latest sale price for the house of £38,250 on 27 Nov 1998. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £38,250 | 27 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 1998 the House Price Index for LANCASHIRE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £38,250 results in an estimated price of approximately £178,574.
| 27 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £38,250 | £140,324 | £178,574 |
The Postcode Pricing Model uses changes in average sales price within the FY7 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 | 166.418 % | £63,655 | £101,905 |
| 3 Month Average | 200.102 % | £76,538 | £114,788 |
| 6 Month Average | 187.150 % | £71,584 | £109,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £402,255 | £395,000 | 88 THE ESPLANADE |
| 27 Jun 2023 | £116,331 | £114,000 | 36 SHAKESPEARE ROAD |
| 23 Jun 2023 | £110,209 | £108,000 | 31 HAMLET ROAD |
| 27 Jan 2023 | £100,268 | £100,000 | 58 DRONSFIELD ROAD |
| 25 Nov 2022 | £124,418 | £125,000 | 47 SHAKESPEARE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 1 Jul 2019. Using an estimated price of £178,574 means this house is valued at £3,188 per sq meter (£296 per sq foot).
The average size of a house on ELSINORE CLOSE is 60 sq meters (654 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elsinore Close |
| Sep 2024 | Anti-social behaviour | On or near Elsinore Close | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Elsinore Close |
| Sep 2024 | Anti-social behaviour | On or near Elsinore Close | |
| Sep 2024 | Anti-social behaviour | On or near Elsinore Close |