£241,152
This estimated value is based upon the latest sale price for the house of £195,000 on 8 Apr 2019. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 8 Apr 2019 |
| £165,000 | 22 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 222 sq meters or 2,389 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 April 2019 the House Price Index for MERSEYSIDE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £195,000 results in an estimated price of approximately £241,152.
| 8 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £195,000 | £46,152 | £241,152 |
The Postcode Pricing Model uses changes in average sales price within the L6 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 | 28.905 % | £56,364 | £251,364 |
| 3 Month Average | 18.900 % | £36,855 | £231,855 |
| 6 Month Average | 37.752 % | £73,616 | £268,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £76,671 | £76,000 | 17 MORECAMBE STREET |
| 11 Aug 2023 | £191,677 | £190,000 | 87 ROCKY LANE |
| 23 Jun 2023 | £183,219 | £181,000 | 77 ROCKY LANE |
| 16 Nov 2022 | £321,110 | £325,000 | 73 NEWSHAM DRIVE |
| 10 Oct 2022 | £123,668 | £125,000 | 53 BELMONT DRIVE |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 1 May 2018. Using an estimated price of £241,152 means this house is valued at £1,086 per sq meter (£100 per sq foot).
The average size of a house on NEWSHAM DRIVE is 216 sq meters (2,329 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newsham Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newsham Drive |
| Feb 2024 | Robbery | Under investigation | On or near Newsham Drive |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Newsham Drive |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Newsham Drive |