£482,241
This estimated value is based upon the latest sale price for the house of £470,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£470,000 | 3 Nov 2023 |
£375,000 | 7 Aug 2020 |
£245,000 | 15 Nov 2013 |
£135,000 | 19 Aug 2011 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,298 sq feet |
This model uses changes in the Official Land Registry House Price Index for MERSEYSIDE to estimate the market value.
When this house was purchased in November 2023 the House Price Index for MERSEYSIDE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £470,000 results in an estimated price of approximately £482,241.
3 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £470,000 | £12,241 | £482,241 |
The Postcode Pricing Model uses changes in average sales price within the L25 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 | -39.042 % | £-183,496 | £286,503 |
3 Month Average | -1.333 % | £-6,263 | £463,736 |
6 Month Average | 1.151 % | £5,411 | £475,411 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £482,241 | £470,000 | 17 ELMSFIELD CLOSE |
22 Sep 2023 | £296,537 | £290,000 | 6A GRANGE LANE |
21 Aug 2023 | £316,712 | £311,000 | 15 MOUNTFIELD CRESCENT |
15 Jun 2023 | £91,840 | £90,000 | 50 ACRESGATE COURT |
11 Apr 2023 | £300,623 | £295,000 | 6 GRANGE LANE |
This house has a floor area of 120 sq meters or 1,298 sq feet when measured on 27 May 2010. Using an estimated price of £482,241 means this house is valued at £3,998 per sq meter (£371 per sq foot).
The average size of a house on ELMSFIELD CLOSE is 128 sq meters (1,379 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leybourne Grove |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grangemeadow Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Grangemeadow Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Leybourne Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Leybourne Road |