£48,491
This estimated value is based upon the latest sale price for the house of £45,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £45,000 | 30 Sep 2021 |
| £32,500 | 22 Aug 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 September 2021 the House Price Index for MERSEYSIDE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £45,000 results in an estimated price of approximately £48,491.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £45,000 | £3,491 | £48,491 |
The Postcode Pricing Model uses changes in average sales price within the L4 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 | -23.564 % | £-10,603 | £34,396 |
| 3 Month Average | -17.800 % | £-8,009 | £36,990 |
| 6 Month Average | 2.845 % | £1,280 | £46,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £167,480 | £165,000 | 54 FRANKBY ROAD |
| 24 Nov 2023 | £190,825 | £188,000 | 9 MOFFATDALE ROAD |
| 1 Sep 2023 | £172,202 | £170,000 | 15 CROSGROVE ROAD |
| 14 Jul 2023 | £126,705 | £125,000 | 35 ARDROSSAN ROAD |
| 31 Mar 2023 | £75,713 | £75,000 | 5 CRAINE CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Jun 2021. Using an estimated price of £48,492 means this house is valued at £673 per sq meter (£62 per sq foot).
The average size of a house on CHERRY LANE is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Craine Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Craine Close |
| Mar 2024 | Other theft | Under investigation | On or near Craine Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Craine Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Craine Close |