£170,555
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Apr 2016. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£125,000 | 14 Apr 2016 |
£55,000 | 10 Jun 2011 |
Semi-Detached |
Leasehold |
Floor Area: 84 sq meters or 904 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 April 2016 the House Price Index for MERSEYSIDE was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £125,000 results in an estimated price of approximately £170,555.
14 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £125,000 | £45,555 | £170,555 |
The Postcode Pricing Model uses changes in average sales price within the L8 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 | -14.940 % | £-18,674 | £106,325 |
3 Month Average | 20.768 % | £25,959 | £150,959 |
6 Month Average | 32.908 % | £41,135 | £166,135 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £175,875 | £175,875 | 107 PARK STREET |
7 Oct 2022 | £47,840 | £48,000 | APARTMENT 27 37 PARK ROAD |
26 Aug 2022 | £95,446 | £95,000 | 259 MILL STREET |
29 Jul 2022 | £20,202 | £20,000 | 251 MILL STREET |
23 Sep 2021 | £104,209 | £95,995 | APARTMENT 35 98 PARK STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Nov 2015. Using an estimated price of £170,555 means this house is valued at £2,030 per sq meter (£188 per sq foot).
There is one other house on the street which we know the size of, this is 3 RHYL STREET it is 75.0