£299,985
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 15 Dec 2021 |
| £219,000 | 23 Jan 2015 |
| £220,000 | 19 Nov 2004 |
| £110,000 | 18 Oct 2001 |
| Terraced |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 2021 the House Price Index for LANCASHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £280,000 results in an estimated price of approximately £299,985.
| 15 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £280,000 | £19,985 | £299,985 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | 13.308 % | £37,262 | £317,262 |
| 3 Month Average | 6.491 % | £18,173 | £298,173 |
| 6 Month Average | 5.370 % | £15,036 | £295,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £90,794 | £90,000 | FLAT 22 CROFT HOUSE GROSVENOR CLOSE |
| 21 Jul 2023 | £98,830 | £97,500 | FLAT 32 CROFT HOUSE GROSVENOR CLOSE |
| 19 Jul 2022 | £247,605 | £246,938 | 11 ELLETSON STREET |
| 8 Jul 2022 | £240,598 | £239,950 | 9 ELLETSON STREET |
| 28 Jun 2022 | £352,481 | £347,500 | 8 BEECH AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 29 Apr 2014. Using an estimated price of £299,986 means this house is valued at £2,777 per sq meter (£258 per sq foot).
There is one other house on the street which we know the size of, this is 7 THE LANTERNS it is 99.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elletson Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elletson Street |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Elletson Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Avenue |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Lockwood Avenue |