£471,755
This estimated value is based upon the latest sale price for the house of £271,000 on 1 Jul 2011. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£271,000 | 1 Jul 2011 |
£257,282 | 18 Apr 2008 |
£87,950 | 28 Aug 1996 |
Semi-Detached |
Freehold |
Floor Area: 138 sq meters or 1,485 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 July 2011 the House Price Index for MERSEYSIDE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £271,000 results in an estimated price of approximately £471,755.
1 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.080 % | £271,000 | £200,755 | £471,755 |
The Postcode Pricing Model uses changes in average sales price within the L37 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 | 145.950 % | £395,525 | £666,525 |
3 Month Average | 61.362 % | £166,291 | £437,291 |
6 Month Average | 37.747 % | £102,295 | £373,295 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £588,363 | £575,000 | 32 RAVEN MEOLS LANE |
29 Sep 2023 | £376,295 | £368,000 | 10 KINGS ROAD |
29 Sep 2023 | £409,016 | £400,000 | 15 FORMBY STREET |
27 Apr 2023 | £254,765 | £250,000 | 2 ANDREWS LANE |
31 Jan 2023 | £365,978 | £365,000 | 22 FORMBY STREET |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 2 Jun 2013. Using an estimated price of £471,756 means this house is valued at £3,418 per sq meter (£317 per sq foot).
The average size of a house on FORMBY STREET is 159 sq meters (1,712 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Formby Street |
Jul 2024 | Drugs | Under investigation | On or near Meols Close |
Jun 2024 | Shoplifting | Awaiting court outcome | On or near Kings Close |