£62,878
This estimated value is based upon the latest sale price for the house of £52,000 on 28 Jul 2020. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £52,000 | 28 Jul 2020 |
| £43,000 | 20 Dec 2019 |
| £32,500 | 31 Mar 2016 |
| £32,500 | 18 Dec 2013 |
| £14,000 | 9 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 2020 the House Price Index for MERSEYSIDE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £52,000 results in an estimated price of approximately £62,878.
| 28 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £52,000 | £10,878 | £62,878 |
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 | -78.365 % | £-40,749 | £11,250 |
| 3 Month Average | 22.735 % | £11,822 | £63,822 |
| 6 Month Average | 35.991 % | £18,715 | £70,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £46,691 | £46,000 | 25 HOLMES STREET |
| 4 Aug 2023 | £242,118 | £240,000 | 98 SMITHDOWN ROAD |
| 24 Mar 2023 | £72,685 | £72,000 | 27 WENDELL STREET |
| 17 Nov 2022 | £81,019 | £82,000 | 32 WENDELL STREET |
| 16 Sep 2022 | £58,527 | £59,000 | 19 WENDELL STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 15 Jan 2018. Using an estimated price of £62,879 means this house is valued at £1,309 per sq meter (£121 per sq foot).
The average size of a house on HOLMES STREET is 58 sq meters (630 sq feet).