£213,932
This estimated value is based upon the latest sale price for the house of £202,500 on 9 Feb 2022. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£202,500 | 9 Feb 2022 |
£169,995 | 25 Oct 2018 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 February 2022 the House Price Index for MERSEYSIDE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £202,500 results in an estimated price of approximately £213,932.
9 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £202,500 | £11,432 | £213,932 |
The Postcode Pricing Model uses changes in average sales price within the L7 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 | 13.578 % | £27,496 | £229,996 |
3 Month Average | 10.393 % | £21,044 | £223,544 |
6 Month Average | 15.670 % | £31,732 | £234,232 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jul 2022 | £257,581 | £255,000 | 31 WAVERTREE ROAD |
15 Jun 2022 | £173,713 | £170,000 | 19 WINIFRED DRIVE |
9 Feb 2022 | £213,933 | £202,500 | 24 MARTENSEN DRIVE |
4 Feb 2022 | £190,162 | £180,000 | 12 GLADSTONE ROAD |
26 Jun 2020 | £208,617 | £171,000 | 1 WINIFRED DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Oct 2018. Using an estimated price of £213,933 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on MARTENSEN DRIVE is 74 sq meters (800 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Cicely Drive |
May 2024 | Anti-social behaviour | On or near Martensen Drive | |
May 2024 | Anti-social behaviour | On or near Martensen Drive | |
May 2024 | Anti-social behaviour | On or near Martensen Drive | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marmaduke Street |