£221,858
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Feb 2020. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 24 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 £180,000 results in an estimated price of approximately £221,858.
| 24 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £180,000 | £41,858 | £221,858 |
The Postcode Pricing Model uses changes in average sales price within the L31 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 | 92.791 % | £167,023 | £347,023 |
| 3 Month Average | 66.190 % | £119,142 | £299,142 |
| 6 Month Average | 43.221 % | £77,797 | £257,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £270,000 | £270,000 | 113 CORONATION ROAD |
| 6 Oct 2023 | £281,391 | £275,000 | 121 CORONATION ROAD |
| 31 Aug 2023 | £249,500 | £245,000 | 69 RIDGEWAY DRIVE |
| 23 Jun 2023 | £306,135 | £300,000 | 26 RIDGEWAY DRIVE |
| 26 Apr 2023 | £198,717 | £195,000 | 60 KENYONS LANE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 3 Jul 2019. Using an estimated price of £221,858 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on RIDGEWAY DRIVE is 134 sq meters (1,445 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Awaiting court outcome | On or near Ridgeway Drive |
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Aug 2024 | Other theft | Under investigation | On or near Petrol Station |
| Aug 2024 | Other theft | Local resolution | On or near Petrol Station |
| Aug 2024 | Anti-social behaviour | On or near Petrol Station |