£150,221
This estimated value is based upon the latest sale price for the house of £74,000 on 14 May 2004. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £74,000 | 14 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2004 the House Price Index for MERSEYSIDE was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £74,000 results in an estimated price of approximately £150,221.
| 14 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £74,000 | £76,221 | £150,221 |
The Postcode Pricing Model uses changes in average sales price within the CH45 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 | 86.524 % | £64,027 | £138,027 |
| 3 Month Average | 104.805 % | £77,555 | £151,555 |
| 6 Month Average | 109.288 % | £80,872 | £154,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £120,000 | £120,000 | 44 FAIRVIEW AVENUE |
| 14 Sep 2023 | £122,654 | £119,950 | 11 MERTON ROAD |
| 1 Mar 2023 | £86,444 | £85,000 | 18 SILVERLEA AVENUE |
| 24 Feb 2023 | £105,706 | £105,000 | 9 FAIRVIEW AVENUE |
| 20 Oct 2022 | £114,617 | £115,000 | 2 MERTON ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 7 Mar 2016. Using an estimated price of £150,221 means this house is valued at £1,831 per sq meter (£170 per sq foot).
The average size of a house on MERTON ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merton Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merton Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Merton Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merton Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairview Avenue |