£394,738
This estimated value is based upon the latest sale price for the house of £215,000 on 24 Oct 2005. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 24 Oct 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 115 sq meters or 1,237 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 October 2005 the House Price Index for MERSEYSIDE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £215,000 results in an estimated price of approximately £394,738.
| 24 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £215,000 | £179,738 | £394,738 |
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 | -33.184 % | £-71,346 | £143,653 |
| 3 Month Average | 38.504 % | £82,783 | £297,783 |
| 6 Month Average | 71.324 % | £153,345 | £368,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £168,967 | £167,500 | 61B HOPE STREET |
| 1 Mar 2024 | £1,066,384 | £1,050,000 | 25 CANNING STREET |
| 28 Apr 2023 | £4,331 | £4,250 | FLAT 1 8 GAMBIER TERRACE |
| 27 Feb 2023 | £50,336 | £50,000 | FEDERATION HOUSE HOPE STREET |
| 30 Jan 2023 | £175,469 | £175,000 | FLAT 1 38 CATHARINE STREET |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 8 Sep 2015. Using an estimated price of £394,739 means this house is valued at £3,432 per sq meter (£318 per sq foot).
The average size of a house on BLACKBURNE PLACE is 184 sq meters (1,980 sq feet).