£222,642
This estimated value is based upon the latest sale price for the house of £180,000 on 22 Aug 2018. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 22 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2018 the House Price Index for MERSEYSIDE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £180,000 results in an estimated price of approximately £222,642.
| 22 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £180,000 | £42,642 | £222,642 |
The Postcode Pricing Model uses changes in average sales price within the PR9 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 | -8.814 % | £-15,864 | £164,135 |
| 3 Month Average | 8.675 % | £15,615 | £195,615 |
| 6 Month Average | 15.872 % | £28,570 | £208,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £252,206 | £250,000 | 23 LEXTON DRIVE |
| 25 Jan 2023 | £243,851 | £245,000 | 24 GLAMIS DRIVE |
| 17 Jan 2023 | £286,650 | £288,000 | 116 LARKFIELD LANE |
| 20 Dec 2021 | £262,487 | £245,000 | 85 LARKFIELD LANE |
| 26 Aug 2021 | £233,164 | £209,000 | 15 RATHMORE CRESCENT |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 May 2018. Using an estimated price of £222,643 means this house is valued at £2,446 per sq meter (£227 per sq foot).
The average size of a house on PRESTON NEW ROAD is 112 sq meters (1,214 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glamis Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rathmore Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preston New Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Lexton Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lexton Drive |