£117,668
This estimated value is based upon the latest sale price for the house of £108,000 on 11 Nov 2021. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
There has been one burglary within the last year on or near Sports/Recreation Area
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| Price Paid | Date |
|---|---|
| £108,000 | 11 Nov 2021 |
| £72,388 | 13 Dec 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2021 the House Price Index for MERSEYSIDE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £108,000 results in an estimated price of approximately £117,668.
| 11 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £108,000 | £9,668 | £117,668 |
The Postcode Pricing Model uses changes in average sales price within the L5 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 | -66.560 % | £-71,884 | £36,115 |
| 3 Month Average | -4.191 % | £-4,526 | £103,473 |
| 6 Month Average | -11.237 % | £-12,135 | £95,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £40,855 | £40,500 | FLAT 6 11 SWINDON STREET |
| 21 Nov 2023 | £90,292 | £88,000 | APARTMENT 66 TOBACCO WHARF, 51 COMMERCIAL ROAD |
| 18 Sep 2023 | £204,508 | £200,000 | APARTMENT 86 TOBACCO WHARF, 51 COMMERCIAL ROAD |
| 30 Jun 2023 | £117,352 | £115,000 | APARTMENT 65 TOBACCO WHARF, 51 COMMERCIAL ROAD |
| 22 Jun 2023 | £86,738 | £85,000 | APARTMENT 25 TOBACCO WHARF, 51 COMMERCIAL ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Oct 2016. Using an estimated price of £117,668 means this house is valued at £1,611 per sq meter (£149 per sq foot).
The average size of a house on COMMERCIAL ROAD is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Oct 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Aug 2024 | Robbery | Unable to prosecute suspect | On or near Sports/Recreation Area |