£307,921
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Apr 2019 |
| £66,000 | 1 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 April 2019 the House Price Index for MERSEYSIDE was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £250,000 results in an estimated price of approximately £307,921.
| 12 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £250,000 | £57,921 | £307,921 |
The Postcode Pricing Model uses changes in average sales price within the L18 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 | 96.295 % | £240,738 | £490,738 |
| 3 Month Average | 27.931 % | £69,827 | £319,827 |
| 6 Month Average | 27.569 % | £68,923 | £318,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £286,744 | £285,000 | 8 SHIPTON CLOSE |
| 23 Aug 2023 | £553,365 | £550,000 | 70 MELBRECK ROAD |
| 21 Apr 2023 | £263,962 | £262,000 | 12 SHIPTON CLOSE |
| 28 Jul 2022 | £424,426 | £425,000 | 73 MELBRECK ROAD |
| 24 Jun 2022 | £313,174 | £310,000 | 69 MELBRECK ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 8 Aug 2018. Using an estimated price of £307,921 means this house is valued at £3,275 per sq meter (£304 per sq foot).
The average size of a house on MELBRECK ROAD is 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroma Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroma Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Heydean Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Heydean Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heydean Road |