£224,152
This estimated value is based upon the latest sale price for the house of £118,000 on 22 Dec 2004. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 22 Dec 2004 |
| 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 December 2004 the House Price Index for MERSEYSIDE was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £118,000 results in an estimated price of approximately £224,152.
| 22 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £118,000 | £106,152 | £224,152 |
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 | 80.703 % | £95,229 | £213,229 |
| 3 Month Average | 57.881 % | £68,299 | £186,299 |
| 6 Month Average | 43.065 % | £50,816 | £168,816 |
| 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 |
| 30 Nov 2023 | £171,350 | £167,000 | 30 COLCHESTER ROAD |
| 24 Nov 2023 | £1,282,557 | £1,250,000 | 70 FOLKESTONE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Jul 2015. Using an estimated price of £224,152 means this house is valued at £3,296 per sq meter (£306 per sq foot).
The average size of a house on WOLLATON DRIVE is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Heanor Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heanor Drive |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heanor Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Heanor Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heanor Drive |