£126,878
This estimated value is based upon the latest sale price for the house of £125,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 17 Nov 2023 |
| £60,000 | 4 May 2017 |
| £35,000 | 26 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2023 the House Price Index for MERSEYSIDE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £125,000 results in an estimated price of approximately £126,878.
| 17 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £125,000 | £1,878 | £126,878 |
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 | 75.350 % | £94,187 | £219,187 |
| 3 Month Average | 6.362 % | £7,952 | £132,952 |
| 6 Month Average | 16.426 % | £20,532 | £145,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £238,531 | £235,000 | 14 PALM GROVE |
| 17 Nov 2023 | £126,878 | £125,000 | 9 CHERRY GARDENS |
| 28 Jan 2022 | £121,027 | £115,000 | 10 CHERRY GARDENS |
| 18 Dec 2020 | £126,248 | £110,000 | 8 CHERRY GARDENS |
| 30 Oct 2020 | £87,981 | £75,000 | 51 BROAD LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 27 Jun 2015. Using an estimated price of £126,878 means this house is valued at £1,714 per sq meter (£159 per sq foot).
The average size of a house on CHERRY GARDENS is 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Cherry Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherry Gardens |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Cherry Gardens |