£109,201
This estimated value is based upon the latest sale price for the house of £61,000 on 1 Feb 2006. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
There has been one burglary within the last year on or near Oceanic Road
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| Price Paid | Date |
|---|---|
| £61,000 | 1 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2006 the House Price Index for MERSEYSIDE was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £61,000 results in an estimated price of approximately £109,201.
| 1 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £61,000 | £48,201 | £109,201 |
The Postcode Pricing Model uses changes in average sales price within the L13 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 | 6.484 % | £3,955 | £64,955 |
| 3 Month Average | 9.911 % | £6,045 | £67,045 |
| 6 Month Average | 19.025 % | £11,605 | £72,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £85,745 | £85,000 | 33 OCEANIC ROAD |
| 15 Mar 2024 | £96,482 | £95,000 | 267 BINNS ROAD |
| 26 Oct 2023 | £110,510 | £108,000 | 8 OCEANIC ROAD |
| 29 Sep 2023 | £120,660 | £118,000 | 276 BINNS ROAD |
| 13 Sep 2023 | £111,457 | £109,000 | 286 BINNS ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 May 2021. Using an estimated price of £109,201 means this house is valued at £1,605 per sq meter (£149 per sq foot).
The average size of a house on OCEANIC ROAD is 64 sq meters (698 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Oceanic Road |
| May 2024 | Criminal damage and arson | Under investigation | On or near Oceanic Road |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Oceanic Road |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oceanic Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oceanic Road |