£329,661
This estimated value is based upon the latest sale price for the house of £265,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £265,000 | 21 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 September 2018 the House Price Index for MERSEYSIDE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £265,000 results in an estimated price of approximately £329,661.
| 21 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £265,000 | £64,661 | £329,661 |
The Postcode Pricing Model uses changes in average sales price within the L31 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 | 53.125 % | £140,781 | £405,781 |
| 3 Month Average | 39.146 % | £103,738 | £368,738 |
| 6 Month Average | 44.628 % | £118,263 | £383,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £250,000 | £250,000 | 1 MELLING LANE |
| 25 Apr 2024 | £494,292 | £490,000 | 1A GRANGE PARK |
| 15 Sep 2023 | £357,889 | £350,000 | 7 MELLING LANE |
| 25 Aug 2023 | £257,138 | £252,500 | 20 SUMMERHILL DRIVE |
| 15 Feb 2023 | £131,881 | £131,000 | 14 HEATHFIELD ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 10 May 2018. Using an estimated price of £329,662 means this house is valued at £2,969 per sq meter (£275 per sq foot).
The average size of a house on MELLING LANE is 200 sq meters (2,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathfield Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Heathfield Road |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Melling Lane |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Molyneux Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashleigh Road |