£199,655
This estimated value is based upon the latest sale price for the house of £124,999 on 14 Jan 2014. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £124,999 | 14 Jan 2014 |
| £129,950 | 14 Aug 2013 |
| Detached |
| Leasehold |
| Floor Area: 87 sq meters or 942 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 January 2014 the House Price Index for MERSEYSIDE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £124,999 results in an estimated price of approximately £199,655.
| 14 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £124,999 | £74,656 | £199,655 |
The Postcode Pricing Model uses changes in average sales price within the L12 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 | 54.378 % | £67,971 | £192,970 |
| 3 Month Average | 38.102 % | £47,627 | £172,626 |
| 6 Month Average | 42.810 % | £53,511 | £178,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £157,329 | £155,000 | 5 MILLGREEN CLOSE |
| 15 Nov 2023 | £279,133 | £275,000 | 36 WOOD LEA |
| 25 Aug 2023 | £252,205 | £249,999 | 6 HAVERTON WALK |
| 24 Feb 2023 | £239,839 | £240,000 | 1 WARDGATE AVENUE |
| 22 Jul 2022 | £155,418 | £155,000 | 5 WOOD LEA |
This house has a floor area of 87 sq meters or 942 sq feet when measured on 11 Nov 2011. Using an estimated price of £199,655 means this house is valued at £2,279 per sq meter (£211 per sq foot).
The average size of a house on WOOD LEA is 90 sq meters (969 sq feet).