£94,445
This estimated value is based upon the latest sale price for the house of £76,000 on 5 Dec 2018. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £76,000 | 5 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 December 2018 the House Price Index for MERSEYSIDE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £76,000 results in an estimated price of approximately £94,445.
| 5 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £76,000 | £18,445 | £94,445 |
The Postcode Pricing Model uses changes in average sales price within the L12 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 | -46.620 % | £-35,431 | £40,568 |
| 3 Month Average | 5.791 % | £4,401 | £80,401 |
| 6 Month Average | 18.517 % | £14,072 | £90,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £213,277 | £210,000 | 67 VERWOOD DRIVE |
| 29 Sep 2023 | £161,561 | £158,000 | 8 DENHAM CLOSE |
| 23 Jun 2023 | £198,988 | £195,000 | 61 VERWOOD DRIVE |
| 31 Mar 2023 | £183,057 | £180,000 | 55 VERWOOD DRIVE |
| 11 Nov 2022 | £213,999 | £215,000 | 82 VERWOOD DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 4 Sep 2017. Using an estimated price of £94,446 means this house is valued at £1,523 per sq meter (£141 per sq foot).
The average size of a house on MIDHURST ROAD is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Verwood Drive |
| Jul 2024 | Drugs | Under investigation | On or near Midhurst Road |
| Jul 2024 | Other crime | Under investigation | On or near Midhurst Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Midhurst Road |
| Jul 2024 | Anti-social behaviour | On or near Mullwood Close |