£236,870
This estimated value is based upon the latest sale price for the house of £105,000 on 24 Oct 2003. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£105,000 | 24 Oct 2003 |
£49,000 | 21 Jun 1996 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 October 2003 the House Price Index for MERSEYSIDE was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £105,000 results in an estimated price of approximately £236,870.
24 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 149.7 | 125.591 % | £105,000 | £131,870 | £236,870 |
The Postcode Pricing Model uses changes in average sales price within the PR8 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 | 49.231 % | £51,692 | £156,692 |
3 Month Average | 57.601 % | £60,480 | £165,480 |
6 Month Average | 63.433 % | £66,604 | £171,604 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £216,883 | £215,000 | 117 FOLKESTONE ROAD |
1 Mar 2024 | £157,419 | £155,000 | 1 REDHILL DRIVE |
7 Dec 2023 | £183,127 | £177,500 | 3 REDHILL DRIVE |
24 Nov 2023 | £1,282,557 | £1,250,000 | 70 FOLKESTONE ROAD |
3 Oct 2023 | £158,602 | £155,000 | 55 FOLKESTONE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Sep 2015. Using an estimated price of £236,871 means this house is valued at £3,116 per sq meter (£289 per sq foot).
The average size of a house on FOLKESTONE ROAD is 78 sq meters (848 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Folkestone Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Folkestone Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church View |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heanor Drive |
Jun 2024 | Other crime | Awaiting court outcome | On or near Heanor Drive |