£228,043
This estimated value is based upon the latest sale price for the house of £170,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£170,000 | 22 Jul 2016 |
Semi-Detached |
Leasehold |
Floor Area: 102 sq meters or 1,097 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 2016 the House Price Index for MERSEYSIDE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £170,000 results in an estimated price of approximately £228,043.
22 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £170,000 | £58,043 | £228,043 |
The Postcode Pricing Model uses changes in average sales price within the L9 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 | -24.989 % | £-42,480 | £127,519 |
3 Month Average | 17.704 % | £30,096 | £200,096 |
6 Month Average | 19.160 % | £32,571 | £202,571 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £154,704 | £149,950 | 32 GREENWICH COURT |
8 Nov 2023 | £281,136 | £274,000 | 108 MELLING ROAD |
27 Oct 2023 | £184,183 | £180,000 | 75 MELLING ROAD |
20 Jan 2023 | £132,354 | £132,000 | 14 BRACKENDALE AVENUE |
30 Jun 2022 | £151,233 | £148,000 | 22 GREENWICH COURT |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 29 Feb 2016. Using an estimated price of £228,044 means this house is valued at £2,235 per sq meter (£207 per sq foot).
The average size of a house on MELLING ROAD is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Melling Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brackendale Avenue |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Greenwich Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Millersdale Avenue |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Freeport Grove |