£123,804
This estimated value is based upon the latest sale price for the house of £120,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 20 Dec 2023 |
| £120,999 | 31 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 December 2023 the House Price Index for MERSEYSIDE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £120,000 results in an estimated price of approximately £123,804.
| 20 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £120,000 | £3,804 | £123,804 |
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 | -43.833 % | £-52,600 | £67,399 |
| 3 Month Average | 38.542 % | £46,250 | £166,250 |
| 6 Month Average | 8.989 % | £10,786 | £130,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £156,358 | £155,000 | 245 LONG LANE |
| 8 Apr 2024 | £141,226 | £140,000 | 247A LONG LANE |
| 20 Dec 2023 | £123,804 | £120,000 | 247 HIGHER LANE |
| 10 Nov 2023 | £138,516 | £135,000 | 206 HIGHER LANE |
| 14 Aug 2023 | £145,627 | £143,000 | 245C LONG LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 7 Jun 2016. Using an estimated price of £123,804 means this house is valued at £1,331 per sq meter (£123 per sq foot).
The average size of a house on HIGHER LANE is 114 sq meters (1,233 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Swallow Fields |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swallow Fields |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swallow Fields |
| Oct 2024 | Anti-social behaviour | On or near Landford Avenue | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Landford Avenue |