£183,455
This estimated value is based upon the latest sale price for the house of £123,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £123,000 | 5 Dec 2014 |
| £71,300 | 4 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2014 the House Price Index for MERSEYSIDE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £123,000 results in an estimated price of approximately £183,455.
| 5 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £123,000 | £60,455 | £183,455 |
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 | 81.679 % | £100,465 | £223,465 |
| 3 Month Average | 26.295 % | £32,342 | £155,342 |
| 6 Month Average | 30.890 % | £37,994 | £160,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £187,396 | £185,000 | 74 MELWOOD DRIVE |
| 8 Jun 2022 | £178,776 | £176,250 | 78 MELWOOD DRIVE |
| 22 Apr 2022 | £205,960 | £200,000 | 68 MELWOOD DRIVE |
| 13 Apr 2022 | £185,364 | £180,000 | 47 ELMTREE CLOSE |
| 22 Nov 2021 | £227,118 | £210,000 | 15 MELWOOD DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Jan 2015. Using an estimated price of £183,456 means this house is valued at £2,479 per sq meter (£230 per sq foot).
The average size of a house on MELWOOD DRIVE is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmtree Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craven Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craven Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Town Row |
| Mar 2024 | Public order | Under investigation | On or near Town Row |