£293,209
This estimated value is based upon the latest sale price for the house of £165,000 on 20 Feb 2006. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Park Crescent
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| Price Paid | Date |
|---|---|
| £165,000 | 20 Feb 2006 |
| £60,000 | 31 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 February 2006 the House Price Index for LANCASHIRE was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £165,000 results in an estimated price of approximately £293,209.
| 20 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £165,000 | £128,209 | £293,209 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 75.229 % | £124,128 | £289,128 |
| 3 Month Average | 12.489 % | £20,606 | £185,606 |
| 6 Month Average | 46.947 % | £77,462 | £242,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £233,456 | £230,000 | 3 MOUNT GARDENS |
| 24 Jul 2023 | £322,338 | £318,000 | 18 ELMS DRIVE |
| 21 Jul 2023 | £310,681 | £306,500 | 12 ELMS DRIVE |
| 16 Jun 2023 | £222,698 | £220,000 | 4 MOUNT GARDENS |
| 10 Mar 2023 | £375,033 | £371,500 | 13 ELMS ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 28 Nov 2011. Using an estimated price of £293,210 means this house is valued at £2,035 per sq meter (£189 per sq foot).
The average size of a house on ELM GROVE is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Park Crescent |