£54,606
This estimated value is based upon the latest sale price for the house of £40,000 on 15 Feb 2016. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 15 Feb 2016 |
| £25,000 | 8 Sep 2000 |
| Terraced |
| 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 February 2016 the House Price Index for MERSEYSIDE was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £40,000 results in an estimated price of approximately £54,606.
| 15 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £40,000 | £14,606 | £54,606 |
The Postcode Pricing Model uses changes in average sales price within the CH42 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 | -11.937 % | £-4,774 | £35,225 |
| 3 Month Average | 20.125 % | £8,049 | £48,049 |
| 6 Month Average | 30.270 % | £12,108 | £52,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £165,903 | £163,000 | 22 PARKEND ROAD |
| 29 Sep 2023 | £162,579 | £160,500 | 17 SINGLETON AVENUE |
| 28 Apr 2023 | £99,572 | £98,500 | 720 BOROUGH ROAD |
| 6 Mar 2023 | £174,645 | £173,000 | 16 PARKEND ROAD |
| 8 Jun 2022 | £150,122 | £148,000 | 23 PARKEND ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 10 Sep 2019. Using an estimated price of £54,606 means this house is valued at £769 per sq meter (£71 per sq foot).
The average size of a house on BOROUGH ROAD is 97 sq meters (1,053 sq feet).