£342,921
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
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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 80.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 29.404%.Applying this 29.404% change to the original purchase price of £265,000 results in an estimated price of approximately £342,921.
21 Sep 2018 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.6 | 104.3 | 29.404 % | £265,000 | £77,921 | £342,921 |
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 | -4.191 % | £-11,106 | £253,893 |
3 Month Average | 24.560 % | £65,085 | £330,085 |
6 Month Average | 43.095 % | £114,200 | £379,200 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2024 | £498,415 | £475,000 | 1 WILLOW HEY |
15 Sep 2023 | £372,120 | £350,000 | 7 MELLING LANE |
30 Jun 2023 | £211,777 | £200,000 | 120 POVERTY LANE |
25 May 2023 | £238,491 | £225,000 | 23 SUMMERHILL DRIVE |
9 Jan 2023 | £234,623 | £224,950 | 47 SUMMERHILL DRIVE |
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 £342,922 means this house is valued at £3,089 per sq meter (£287 per sq foot).
The average size of a house on MELLING LANE is 200 sq meters (2,162 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Violence and sexual offences | Awaiting court outcome | On or near Melling Lane |
Apr 2025 | Burglary | Investigation complete; no suspect identified | On or near Summerhill Drive |
Jan 2025 | Drugs | Local resolution | On or near Molyneux Road |
Mar 2025 | Other theft | Investigation complete; no suspect identified | On or near Willow Hey |
Jan 2025 | Burglary | Under investigation | On or near Willow Hey |