£311,089
This estimated value is based upon the latest sale price for the house of £229,950 on 25 May 2016. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £229,950 | 25 May 2016 |
| £214,000 | 31 Jul 2014 |
| £140,000 | 21 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 May 2016 the House Price Index for MERSEYSIDE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £229,950 results in an estimated price of approximately £311,089.
| 25 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £229,950 | £81,139 | £311,089 |
The Postcode Pricing Model uses changes in average sales price within the L31 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 | 64.332 % | £147,932 | £377,882 |
| 3 Month Average | 54.355 % | £124,988 | £354,938 |
| 6 Month Average | 51.421 % | £118,243 | £348,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £494,292 | £490,000 | 1A GRANGE PARK |
| 25 Aug 2023 | £257,138 | £252,500 | 20 SUMMERHILL DRIVE |
| 30 Jun 2023 | £204,090 | £200,000 | 120 POVERTY LANE |
| 15 Feb 2023 | £131,881 | £131,000 | 14 HEATHFIELD ROAD |
| 9 Jan 2023 | £225,553 | £224,950 | 47 SUMMERHILL DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 21 Mar 2013. Using an estimated price of £311,089 means this house is valued at £3,495 per sq meter (£324 per sq foot).
The average size of a house on POVERTY LANE is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashleigh Road |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leatherbarrows Lane |
| Nov 2024 | Anti-social behaviour | On or near Leatherbarrows Lane | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Leatherbarrows Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Leatherbarrows Lane |