£386,980
This estimated value is based upon the latest sale price for the house of £217,000 on 29 Sep 2009. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£217,000 | 29 Sep 2009 |
£219,950 | 28 Nov 2003 |
Detached |
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 September 2009 the House Price Index for MERSEYSIDE was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £217,000 results in an estimated price of approximately £386,980.
29 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 148.6 | 78.332 % | £217,000 | £169,980 | £386,980 |
The Postcode Pricing Model uses changes in average sales price within the L18 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 | 143.127 % | £310,586 | £527,586 |
3 Month Average | 81.254 % | £176,321 | £393,321 |
6 Month Average | 78.000 % | £169,259 | £386,259 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £482,500 | £482,500 | 39 GLENDYKE ROAD |
23 Jun 2023 | £731,359 | £722,500 | 108 MATHER AVENUE |
10 Feb 2023 | £546,632 | £547,000 | 1 BURNHAM ROAD |
18 Mar 2022 | £575,126 | £555,000 | 27 BALLANTRAE ROAD |
5 Nov 2021 | £697,576 | £645,000 | 12 BALLANTRAE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Dec 2021. Using an estimated price of £386,980 means this house is valued at £5,450 per sq meter (£506 per sq foot).
The average size of a house on GRESSINGHAM ROAD is 150 sq meters (1,619 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).