£127,138
This estimated value is based upon the latest sale price for the house of £125,000 on 16 May 2023. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 16 May 2023 |
| £90,000 | 28 Aug 2009 |
| £80,000 | 11 Nov 2005 |
| Terraced |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2023 the House Price Index for MERSEYSIDE was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £125,000 results in an estimated price of approximately £127,138.
| 16 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £125,000 | £2,138 | £127,138 |
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 | -16.725 % | £-20,905 | £104,094 |
| 3 Month Average | 7.536 % | £9,419 | £134,419 |
| 6 Month Average | 9.051 % | £11,313 | £136,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £97,500 | £97,500 | 41 FERREY ROAD |
| 11 Dec 2023 | £108,142 | £106,250 | 18 DRAKE CLOSE |
| 26 Sep 2023 | £126,619 | £125,000 | 5 DRAKE CLOSE |
| 28 Apr 2023 | £161,742 | £160,000 | 31 GRIBBLE ROAD |
| 31 Mar 2023 | £131,236 | £130,000 | 38 GRIEVE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 13 Feb 2019.
The average size of a house on DRAKE CRESCENT is 80 sq meters (865 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Drake Crescent |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grieve Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grieve Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawksmoor Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Hawksmoor Road |