£100,224
This estimated value is based upon the latest sale price for the house of £58,000 on 25 Jul 2011. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £58,000 | 25 Jul 2011 |
| £62,000 | 7 Nov 2005 |
| Terraced |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 2011 the House Price Index for MERSEYSIDE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £58,000 results in an estimated price of approximately £100,224.
| 25 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £58,000 | £42,224 | £100,224 |
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 | -9.997 % | £-5,798 | £52,201 |
| 3 Month Average | 34.499 % | £20,009 | £78,009 |
| 6 Month Average | 60.344 % | £34,999 | £92,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £139,059 | £137,000 | 61 SANDWAY CRESCENT |
| 26 Sep 2023 | £148,904 | £147,000 | 9 FREME CLOSE |
| 8 Aug 2023 | £110,971 | £110,000 | 225A LOWER HOUSE LANE |
| 28 Jul 2023 | £103,392 | £102,000 | 217 LOWER HOUSE LANE |
| 3 Apr 2023 | £43,468 | £43,000 | FLAT 2 37 - 51 STORRINGTON AVENUE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 11 Jul 2019. Using an estimated price of £100,224 means this house is valued at £856 per sq meter (£79 per sq foot).
The average size of a house on LOWER HOUSE LANE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashbank Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandway Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandway Crescent |
| Mar 2024 | Drugs | Under investigation | On or near Carsington Road |
| Mar 2024 | Drugs | Under investigation | On or near Carsington Road |