£111,499
This estimated value is based upon the latest sale price for the house of £87,000 on 8 May 2017. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £87,000 | 8 May 2017 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 May 2017 the House Price Index for MERSEYSIDE was 115.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.161%.Applying this 28.161% change to the original purchase price of £87,000 results in an estimated price of approximately £111,499.
| 8 May 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.0 | 28.161 % | £87,000 | £24,499 | £111,499 |
The Postcode Pricing Model uses changes in average sales price within the L11 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 | -7.657 % | £-6,661 | £80,338 |
| 3 Month Average | 43.750 % | £38,062 | £125,062 |
| 6 Month Average | 30.204 % | £26,277 | £113,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £126,390 | £127,500 | 54 MORNINGSIDE ROAD |
| 11 Nov 2022 | £174,668 | £177,500 | 75 WAPSHARE ROAD |
| 24 Aug 2022 | £117,208 | £118,000 | 49 MORNINGSIDE ROAD |
| 1 Jul 2022 | £109,852 | £110,000 | 43 MORNINGSIDE ROAD |
| 27 May 2022 | £177,641 | £175,000 | 12 FLAWN ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Jan 2017. Using an estimated price of £111,500 means this house is valued at £1,327 per sq meter (£123 per sq foot).
The average size of a house on MORNINGSIDE ROAD is 94 sq meters (1,013 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morningside Place |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Circular Road West |