£124,138
This estimated value is based upon the latest sale price for the house of £100,000 on 27 Nov 2018. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 27 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2018 the House Price Index for MERSEYSIDE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £100,000 results in an estimated price of approximately £124,138.
| 27 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £100,000 | £24,138 | £124,138 |
The Postcode Pricing Model uses changes in average sales price within the L26 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 | 131.902 % | £131,901 | £231,901 |
| 3 Month Average | 4.693 % | £4,693 | £104,693 |
| 6 Month Average | 10.462 % | £10,462 | £110,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £134,121 | £130,000 | 3A BAILEYS LANE |
| 24 Feb 2023 | £235,574 | £234,000 | 18 LOWER ROAD |
| 1 Sep 2022 | £197,868 | £198,000 | 26 BAILEYS LANE |
| 12 Aug 2022 | £281,315 | £280,000 | 8 STOKES CLOSE |
| 15 Jul 2022 | £272,733 | £270,000 | 5 ELWYN DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Sep 2018. Using an estimated price of £124,139 means this house is valued at £1,591 per sq meter (£147 per sq foot).
The average size of a house on LOWER CLOSE is 101 sq meters (1,094 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Lower Close | |
| May 2024 | Anti-social behaviour | On or near Lower Close | |
| May 2024 | Anti-social behaviour | On or near Lower Close | |
| May 2024 | Anti-social behaviour | On or near Lower Close | |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lower Close |