£403,968
This estimated value is based upon the latest sale price for the house of £220,000 on 16 Jul 2009. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 16 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 198 sq meters or 2,138 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 2009 the House Price Index for MERSEYSIDE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £220,000 results in an estimated price of approximately £403,968.
| 16 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £220,000 | £183,968 | £403,968 |
The Postcode Pricing Model uses changes in average sales price within the L9 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 | -11.744 % | £-25,836 | £194,163 |
| 3 Month Average | 23.506 % | £51,712 | £271,712 |
| 6 Month Average | 23.868 % | £52,508 | £272,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £128,963 | £125,000 | 25 MONVILLE ROAD |
| 16 Nov 2023 | £159,037 | £155,000 | 47 HIGHER LANE |
| 8 Nov 2023 | £91,318 | £89,000 | 37 MONVILLE ROAD |
| 23 Oct 2023 | £301,856 | £295,000 | 26 HIGHER LANE |
| 25 Apr 2023 | £119,230 | £117,000 | 40 FIRST AVENUE |
This house has a floor area of 198 sq meters or 2,138 sq feet when measured on 15 Oct 2008. Using an estimated price of £403,968 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on HIGHER LANE is 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near First Avenue |
| Jul 2024 | Possession of weapons | Under investigation | On or near First Avenue |
| May 2024 | Drugs | Under investigation | On or near First Avenue |
| Jul 2024 | Vehicle crime | Under investigation | On or near Monville Road |
| Jul 2024 | Other crime | Under investigation | On or near Monville Road |