£87,510
This estimated value is based upon the latest sale price for the house of £71,000 on 14 Feb 2020. 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 Elmham Crescent
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| Price Paid | Date |
|---|---|
| £71,000 | 14 Feb 2020 |
| £85,000 | 22 Nov 2004 |
| £36,000 | 20 Feb 2002 |
| £31,500 | 28 Feb 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2020 the House Price Index for MERSEYSIDE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £71,000 results in an estimated price of approximately £87,510.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £71,000 | £16,510 | £87,510 |
The Postcode Pricing Model uses changes in average sales price within the L10 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 | 52.199 % | £37,061 | £108,061 |
| 3 Month Average | 66.016 % | £46,871 | £117,871 |
| 6 Month Average | 37.473 % | £26,605 | £97,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £150,000 | £150,000 | 150 FORMOSA DRIVE |
| 12 Apr 2024 | £135,174 | £134,000 | 198 FORMOSA DRIVE |
| 19 Mar 2024 | £142,185 | £140,000 | 22 FORMOSA WAY |
| 27 Oct 2023 | £133,021 | £130,000 | 8 DRAKE PLACE |
| 31 Jan 2023 | £120,321 | £120,000 | 16 FORMOSA WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 5 Mar 2015. Using an estimated price of £87,511 means this house is valued at £1,093 per sq meter (£101 per sq foot).
The average size of a house on FORMOSA DRIVE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Elmham Crescent | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Elmham Crescent |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Elmham Crescent |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elmham Crescent |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mond Road |