£197,661
This estimated value is based upon the latest sale price for the house of £148,000 on 1 Jun 2016. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £148,000 | 1 Jun 2016 |
| Detached |
| Freehold |
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 June 2016 the House Price Index for MERSEYSIDE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £148,000 results in an estimated price of approximately £197,661.
| 1 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £148,000 | £49,661 | £197,661 |
The Postcode Pricing Model uses changes in average sales price within the L22 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 | 19.383 % | £28,686 | £176,686 |
| 3 Month Average | 28.536 % | £42,232 | £190,232 |
| 6 Month Average | 30.789 % | £45,567 | £193,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £110,971 | £110,000 | FLAT 10 MELROSE PARK MELROSE ROAD |
| 6 Jul 2023 | £225,029 | £222,000 | 45 CAMBRIDGE ROAD |
| 30 Mar 2023 | £252,378 | £250,000 | 23 SANDRINGHAM ROAD |
| 24 Mar 2023 | £128,208 | £127,000 | FLAT 16 MELROSE PARK MELROSE ROAD |
| 14 Mar 2023 | £14,537 | £14,400 | FLAT 1 MELROSE PARK MELROSE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kinross Road |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Sandringham Avenue |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Melrose Road |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Further/Higher Educational Building |
| Mar 2024 | Anti-social behaviour | On or near Further/Higher Educational Building |