£245,448
This estimated value is based upon the latest sale price for the house of £195,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 23 Feb 2018 |
| Detached |
| Leasehold |
| Floor Area: 143 sq meters or 1,539 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 February 2018 the House Price Index for MERSEYSIDE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £195,000 results in an estimated price of approximately £245,448.
| 23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £195,000 | £50,448 | £245,448 |
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 | -26.350 % | £-51,382 | £143,617 |
| 3 Month Average | 18.204 % | £35,498 | £230,498 |
| 6 Month Average | 23.296 % | £45,427 | £240,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £235,184 | £230,000 | 14 SPREYTON CLOSE |
| 10 Feb 2023 | £320,139 | £318,000 | 43 GREENODD AVENUE |
| 10 Nov 2022 | £398,138 | £400,000 | 36 CUMBRIA WAY |
| 10 Aug 2022 | £333,560 | £332,000 | 9 SPREYTON CLOSE |
| 1 Aug 2022 | £279,306 | £278,000 | 31 STOWFORD CLOSE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 8 Nov 2017. Using an estimated price of £245,448 means this house is valued at £1,716 per sq meter (£159 per sq foot).
The average size of a house on CUMBRIA WAY is 120 sq meters (1,302 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Local resolution | On or near Newby Grove |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newby Grove |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cartmel Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Knowle Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knowle Close |