£124,819
This estimated value is based upon the latest sale price for the house of £97,000 on 4 May 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £97,000 | 4 May 2017 |
| 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 May 2017 the House Price Index for LANCASHIRE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £97,000 results in an estimated price of approximately £124,819.
| 4 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £97,000 | £27,819 | £124,819 |
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 | 5.053 % | £4,901 | £101,901 |
| 3 Month Average | 24.903 % | £24,155 | £121,155 |
| 6 Month Average | 19.300 % | £18,720 | £115,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £111,653 | £110,000 | FLAT 17 CROFT HOUSE GROSVENOR CLOSE |
| 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 |
| 23 Jun 2023 | £146,778 | £145,000 | FLAT 6 CROFT HOUSE GROSVENOR CLOSE |
| 28 Jun 2022 | £352,481 | £347,500 | 8 BEECH AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 25 Jan 2017. Using an estimated price of £124,820 means this house is valued at £2,228 per sq meter (£207 per sq foot).
The average size of a house on GROSVENOR CLOSE is 51 sq meters (549 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elletson Street |