£130,823
This estimated value is based upon the latest sale price for the house of £131,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £131,000 | 29 Jul 2022 |
| £55,000 | 4 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 July 2022 the House Price Index for MERSEYSIDE was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £131,000 results in an estimated price of approximately £130,823.
| 29 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £131,000 | £-176 | £130,823 |
The Postcode Pricing Model uses changes in average sales price within the L7 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 | 22.581 % | £29,580 | £160,580 |
| 3 Month Average | 27.212 % | £35,647 | £166,647 |
| 6 Month Average | 12.852 % | £16,836 | £147,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £158,252 | £159,000 | 53 NEEDHAM ROAD |
| 16 Jan 2023 | £153,650 | £155,000 | 12 DELL STREET |
| 29 Jul 2022 | £130,823 | £131,000 | 7 NEEDHAM ROAD |
| 29 Apr 2022 | £97,436 | £95,000 | 15 ODSEY STREET |
| 21 Mar 2022 | £114,045 | £110,500 | 13 CHISWELL STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 May 2020. Using an estimated price of £130,823 means this house is valued at £2,076 per sq meter (£192 per sq foot).
The average size of a house on NEEDHAM ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chiswell Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chiswell Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chiswell Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Odsey Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Minto Close |