£185,177
This estimated value is based upon the latest sale price for the house of £95,000 on 23 Jul 2004. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £95,000 | 23 Jul 2004 |
| £46,995 | 27 Jul 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 July 2004 the House Price Index for MERSEYSIDE was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £95,000 results in an estimated price of approximately £185,177.
| 23 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £95,000 | £90,177 | £185,177 |
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 | 110.099 % | £104,594 | £199,594 |
| 3 Month Average | 54.034 % | £51,332 | £146,332 |
| 6 Month Average | 67.692 % | £64,307 | £159,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £121,471 | £120,000 | 52 LEESIDE AVENUE |
| 3 Feb 2023 | £111,575 | £111,650 | 55 PARK BROW DRIVE |
| 1 Jun 2022 | £191,709 | £189,000 | 55 LEESIDE AVENUE |
| 13 May 2022 | £122,305 | £120,000 | 18 GORLESTON WAY |
| 5 Apr 2022 | £133,874 | £130,000 | 2 GORLESTON WAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 27 May 2015. Using an estimated price of £185,178 means this house is valued at £3,035 per sq meter (£282 per sq foot).
The average size of a house on FARNHAM CLOSE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Farnham Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gorleston Way |
| Mar 2024 | Drugs | Under investigation | On or near Gorleston Mews |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Gorleston Mews |
| Dec 2023 | Drugs | Local resolution | On or near Gorleston Mews |