£125,324
This estimated value is based upon the latest sale price for the house of £80,000 on 15 Apr 2008. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 15 Apr 2008 |
| £42,500 | 29 Nov 2002 |
| Terraced |
| Freehold |
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 2008 the House Price Index for MERSEYSIDE was 93.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.655%.Applying this 56.655% change to the original purchase price of £80,000 results in an estimated price of approximately £125,324.
| 15 Apr 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 146.7 | 56.655 % | £80,000 | £45,324 | £125,324 |
The Postcode Pricing Model uses changes in average sales price within the L24 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 | -46.724 % | £-37,379 | £42,620 |
| 3 Month Average | 7.907 % | £6,325 | £86,325 |
| 6 Month Average | 31.797 % | £25,437 | £105,437 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Dymchurch Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lenham Way |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Petworth Close |
| Feb 2024 | Burglary | Under investigation | On or near Petworth Close |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Petworth Close |