£246,990
This estimated value is based upon the latest sale price for the house of £78,000 on 14 Dec 2001. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £78,000 | 14 Dec 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 158 sq meters or 1,700 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 December 2001 the House Price Index for MERSEYSIDE was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £78,000 results in an estimated price of approximately £246,990.
| 14 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £78,000 | £168,990 | £246,990 |
The Postcode Pricing Model uses changes in average sales price within the L32 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 | 248.960 % | £194,188 | £272,188 |
| 3 Month Average | 190.075 % | £148,258 | £226,258 |
| 6 Month Average | 204.573 % | £159,566 | £237,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £227,914 | £225,000 | 56 CHURCH WAY |
| 6 Apr 2023 | £158,709 | £157,000 | 50 MILBROOK DRIVE |
| 24 Mar 2023 | £193,826 | £192,000 | 26 MILBROOK DRIVE |
| 25 May 2022 | £178,361 | £175,000 | 28 MILBROOK DRIVE |
| 5 May 2022 | £215,052 | £211,000 | 103 MELLING WAY |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 15 Dec 2016. Using an estimated price of £246,991 means this house is valued at £1,563 per sq meter (£145 per sq foot).
The average size of a house on MELLING WAY is 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melling Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melling Way |
| Mar 2024 | Drugs | Under investigation | On or near Millbeck Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Millbeck Close |