£110,097
This estimated value is based upon the latest sale price for the house of £73,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £73,000 | 10 Oct 2014 |
| £74,995 | 8 May 2006 |
| Terraced |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 October 2014 the House Price Index for MERSEYSIDE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £73,000 results in an estimated price of approximately £110,097.
| 10 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £73,000 | £37,097 | £110,097 |
The Postcode Pricing Model uses changes in average sales price within the L10 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 | 79.028 % | £57,690 | £130,690 |
| 3 Month Average | 38.751 % | £28,287 | £101,287 |
| 6 Month Average | 42.731 % | £31,193 | £104,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £150,000 | £150,000 | 150 FORMOSA DRIVE |
| 27 Mar 2024 | £121,872 | £120,000 | 21 DRAKE ROAD |
| 11 Dec 2023 | £109,618 | £106,250 | 18 DRAKE CLOSE |
| 27 Oct 2023 | £133,021 | £130,000 | 8 DRAKE PLACE |
| 26 Sep 2023 | £127,818 | £125,000 | 5 DRAKE CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Oct 2013. Using an estimated price of £110,098 means this house is valued at £1,619 per sq meter (£150 per sq foot).
The average size of a house on DRAKE CRESCENT is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Drake Place |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Place |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drake Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Drake Road |