£154,012
This estimated value is based upon the latest sale price for the house of £150,000 on 12 May 2022. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 12 May 2022 |
| £93,000 | 22 Jan 2018 |
| £45,500 | 10 Jan 2001 |
| £38,450 | 17 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2022 the House Price Index for MERSEYSIDE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £150,000 results in an estimated price of approximately £154,012.
| 12 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £150,000 | £4,012 | £154,012 |
The Postcode Pricing Model uses changes in average sales price within the CH62 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 | 44.569 % | £66,853 | £216,853 |
| 3 Month Average | 21.062 % | £31,593 | £181,593 |
| 6 Month Average | 16.045 % | £24,066 | £174,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £160,956 | £156,870 | 60 ACRE LANE |
| 27 Oct 2023 | £124,835 | £122,000 | 11 DALE AVENUE |
| 2 Oct 2023 | £153,486 | £150,000 | 34 VALLEY ROAD |
| 1 Sep 2023 | £139,066 | £136,000 | 33 VALLEY ROAD |
| 12 May 2022 | £154,012 | £150,000 | 48 OTELEY AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Oct 2015. Using an estimated price of £154,012 means this house is valued at £2,298 per sq meter (£213 per sq foot).
The average size of a house on OTELEY AVENUE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dale Avenue |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oteley Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oteley Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Mainwaring Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mainwaring Road |