£239,321
This estimated value is based upon the latest sale price for the house of £195,000 on 7 Nov 2018. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 7 Nov 2018 |
| £124,500 | 31 Mar 2007 |
| £58,500 | 2 Jul 1999 |
| £56,000 | 28 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 November 2018 the House Price Index for MERSEYSIDE was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £195,000 results in an estimated price of approximately £239,321.
| 7 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £195,000 | £44,321 | £239,321 |
The Postcode Pricing Model uses changes in average sales price within the CH48 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 | 7.514 % | £14,652 | £209,652 |
| 3 Month Average | 1.265 % | £2,466 | £197,466 |
| 6 Month Average | 10.012 % | £19,523 | £214,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £307,913 | £305,000 | 42 MADELEY DRIVE |
| 26 Jun 2023 | £252,043 | £249,999 | 4 MADELEY DRIVE |
| 13 Apr 2023 | £287,134 | £285,000 | 3 MADELEY CLOSE |
| 6 Jan 2023 | £168,520 | £170,000 | FLAT 6 CHETWYND HOUSE, 14 HILBRE ROAD |
| 25 Nov 2022 | £318,830 | £324,000 | NORTHCOTE, 18 HILBRE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 6 Jul 2016. Using an estimated price of £239,322 means this house is valued at £3,626 per sq meter (£336 per sq foot).
The average size of a house on MADELEY CLOSE is 85 sq meters (920 sq feet).
This house is the largest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kale Close |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Madeley Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Madeley Drive |
| Jan 2024 | Drugs | Further action is not in the public interest | On or near Sandy Lane |