£124,151
This estimated value is based upon the latest sale price for the house of £75,000 on 8 Dec 2006. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 8 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2006 the House Price Index for MERSEYSIDE was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £75,000 results in an estimated price of approximately £124,151.
| 8 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £75,000 | £49,151 | £124,151 |
The Postcode Pricing Model uses changes in average sales price within the L9 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 | 8.398 % | £6,298 | £81,298 |
| 3 Month Average | -14.709 % | £-11,032 | £63,967 |
| 6 Month Average | 0.880 % | £659 | £75,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £114,923 | £115,000 | 19 REDVERS DRIVE |
| 10 Jan 2023 | £118,442 | £119,000 | 46 REDVERS DRIVE |
| 30 Jun 2022 | £61,874 | £61,000 | 7 CHELSEA LEA ORRELL LANE |
| 14 Feb 2022 | £157,304 | £150,000 | 38 VICTORIA DRIVE |
| 20 Dec 2021 | £152,136 | £142,000 | 36 VICTORIA DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 Nov 2018. Using an estimated price of £124,152 means this house is valued at £1,748 per sq meter (£162 per sq foot).
The average size of a house on ORRELL LANE is 165 sq meters (1,779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Orrell Lane |