£168,289
This estimated value is based upon the latest sale price for the house of £29,500 on 17 Nov 1995. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £29,500 | 17 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 983 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 1995 the House Price Index for MERSEYSIDE was 26.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 470.474%.Applying this 470.474% change to the original purchase price of £29,500 results in an estimated price of approximately £168,289.
| 17 Nov 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 148.6 | 470.474 % | £29,500 | £138,789 | £168,289 |
The Postcode Pricing Model uses changes in average sales price within the L11 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 | 121.155 % | £35,740 | £65,240 |
| 3 Month Average | 314.933 % | £92,905 | £122,405 |
| 6 Month Average | 370.012 % | £109,153 | £138,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £167,480 | £165,000 | 61 HOLMROOK ROAD |
| 22 Sep 2023 | £100,282 | £99,000 | 58 WELLESBOURNE ROAD |
| 21 Jul 2023 | £152,046 | £150,000 | 347 UTTING AVENUE EAST |
| 14 Jul 2023 | £126,705 | £125,000 | 162 LOWER HOUSE LANE |
| 28 Apr 2023 | £151,633 | £150,000 | 81 COTTESBROOK ROAD |
This house has a floor area of 91 sq meters or 983 sq feet when measured on 25 Mar 2009. Using an estimated price of £168,290 means this house is valued at £1,841 per sq meter (£171 per sq foot).
The average size of a house on LOWER HOUSE LANE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lower House Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower House Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollingbourne Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollingbourne Road |
| Feb 2024 | Drugs | Under investigation | On or near Hollingbourne Road |