£137,705
This estimated value is based upon the latest sale price for the house of £114,000 on 7 Aug 2020. 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 |
|---|---|
| £114,000 | 7 Aug 2020 |
| £80,000 | 25 Jul 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 August 2020 the House Price Index for MERSEYSIDE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £114,000 results in an estimated price of approximately £137,705.
| 7 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £114,000 | £23,705 | £137,705 |
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 | -13.735 % | £-15,657 | £98,342 |
| 3 Month Average | -4.453 % | £-5,076 | £108,923 |
| 6 Month Average | -3.381 % | £-3,854 | £110,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £143,244 | £142,000 | 16 LAPWORTH 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 76 sq meters or 818 sq feet when measured on 23 Jul 2014. Using an estimated price of £137,705 means this house is valued at £1,811 per sq meter (£168 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 | Drugs | Under investigation | On or near Sports/Recreation Area |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Oct 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |