£87,377
This estimated value is based upon the latest sale price for the house of £70,000 on 20 Apr 2018. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 20 Apr 2018 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 April 2018 the House Price Index for MERSEYSIDE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £70,000 results in an estimated price of approximately £87,377.
| 20 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £70,000 | £17,377 | £87,377 |
The Postcode Pricing Model uses changes in average sales price within the L30 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 | 29.133 % | £20,393 | £90,393 |
| 3 Month Average | 12.579 % | £8,805 | £78,805 |
| 6 Month Average | 31.479 % | £22,035 | £92,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £127,632 | £126,000 | 16 DURHAM WAY |
| 4 Sep 2023 | £121,554 | £120,000 | 43 PARK LANE |
| 17 Mar 2023 | £163,541 | £162,000 | 1 PETERLEE WAY |
| 20 Jan 2023 | £65,691 | £66,000 | 81 SALISBURY AVENUE |
| 20 Jan 2023 | £65,691 | £66,000 | 83 SALISBURY AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 31 Aug 2021. Using an estimated price of £87,378 means this house is valued at £1,532 per sq meter (£142 per sq foot).
The average size of a house on DURHAM WAY is 63 sq meters (686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Durham Way |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Durham Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Way |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Salisbury Avenue |
| Feb 2024 | Drugs | Local resolution | On or near Blaydon Close |