£239,316
This estimated value is based upon the latest sale price for the house of £235,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 18 Aug 2023 |
| £41,000 | 27 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 August 2023 the House Price Index for MERSEYSIDE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £235,000 results in an estimated price of approximately £239,316.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £235,000 | £4,316 | £239,316 |
The Postcode Pricing Model uses changes in average sales price within the L25 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 | -21.164 % | £-49,735 | £185,264 |
| 3 Month Average | 13.635 % | £32,042 | £267,042 |
| 6 Month Average | 16.796 % | £39,471 | £274,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £191,346 | £187,000 | 88 HARTSBOURNE AVENUE |
| 3 Oct 2023 | £42,209 | £41,250 | 100H HARTSBOURNE AVENUE |
| 18 Aug 2023 | £239,316 | £235,000 | 12 WELLGREEN ROAD |
| 26 Apr 2023 | £101,906 | £100,000 | 42 WELLGREEN ROAD |
| 24 Apr 2023 | £193,622 | £190,000 | 119 HARTSBOURNE AVENUE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 18 Nov 2016. Using an estimated price of £239,316 means this house is valued at £1,639 per sq meter (£152 per sq foot).
The average size of a house on WELLGREEN ROAD is 96 sq meters (1,039 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wellgreen Road |
| Aug 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Wellgreen Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Wellgreen Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Wellgreen Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marchwood Way |