£538,193
This estimated value is based upon the latest sale price for the house of £475,000 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £475,000 | 3 Dec 2020 |
| £310,000 | 11 Sep 2006 |
| £170,000 | 1 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 234 sq meters or 2,518 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 December 2020 the House Price Index for LANCASHIRE was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £475,000 results in an estimated price of approximately £538,193.
| 3 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 146.7 | 13.304 % | £475,000 | £63,193 | £538,193 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | -2.067 % | £-9,817 | £465,182 |
| 3 Month Average | 4.301 % | £20,428 | £495,428 |
| 6 Month Average | 10.219 % | £48,542 | £523,542 |
This house has a floor area of 234 sq meters or 2,518 sq feet when measured on 11 Jul 2016.
The average size of a house on ELMS AVENUE is 118 sq meters (1,279 sq feet).
This house is the largest in the street with a floor area of 234 sq meters (2,518 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Grove |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near The Grove |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near The Grove |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Cypress Avenue |
| Feb 2024 | Anti-social behaviour | On or near Holmefield Avenue |