£43,995
This estimated value is based upon the latest sale price for the house of £23,000 on 7 Oct 2004. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£23,000 | 7 Oct 2004 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 2004 the House Price Index for MERSEYSIDE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £23,000 results in an estimated price of approximately £43,995.
7 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £23,000 | £20,995 | £43,995 |
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 | -16.900 % | £-3,886 | £19,113 |
3 Month Average | 73.222 % | £16,840 | £39,840 |
6 Month Average | 98.864 % | £22,738 | £45,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £63,048 | £62,500 | 42 HOLMES STREET |
15 Dec 2023 | £154,755 | £150,000 | 11 LESSEPS ROAD |
17 Oct 2023 | £61,394 | £60,000 | 35 WENDELL STREET |
14 Apr 2023 | £40,253 | £39,500 | 63 WHITTIER STREET |
24 Mar 2023 | £73,223 | £72,000 | 27 WENDELL STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Feb 2015. Using an estimated price of £43,996 means this house is valued at £511 per sq meter (£47 per sq foot).
The average size of a house on HOLMES STREET is 58 sq meters (630 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (925 sq feet).