£137,923
This estimated value is based upon the latest sale price for the house of £110,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for SOUTH YORKSHIRE 1
There have been two burglaries within the last year on or near Formby Court
More crime details
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| Price Paid | Date |
|---|---|
| £110,000 | 25 Aug 2017 |
| £95,000 | 1 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH YORKSHIRE to estimate the market value.
When this house was purchased in August 2017 the House Price Index for SOUTH YORKSHIRE was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £110,000 results in an estimated price of approximately £137,923.
| 25 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £110,000 | £27,923 | £137,923 |
The Postcode Pricing Model uses changes in average sales price within the S71 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 | 6.750 % | £7,425 | £117,425 |
| 3 Month Average | 17.495 % | £19,244 | £129,244 |
| 6 Month Average | 37.770 % | £41,546 | £151,546 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Jun 2017.
The average size of a house on PRESTON WAY is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Formby Court |
| Mar 2024 | Burglary | Under investigation | On or near Formby Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Formby Court |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Formby Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Formby Court |