£95,044
This estimated value is based upon the latest sale price for the house of £55,000 on 14 Jan 2011. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£55,000 | 14 Jan 2011 |
Terraced |
Leasehold |
Floor Area: 94 sq meters or 1,012 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 2011 the House Price Index for MERSEYSIDE was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £55,000 results in an estimated price of approximately £95,044.
14 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.808 % | £55,000 | £40,044 | £95,044 |
The Postcode Pricing Model uses changes in average sales price within the CH41 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 | 16.432 % | £9,037 | £64,037 |
3 Month Average | 57.367 % | £31,552 | £86,552 |
6 Month Average | 48.099 % | £26,454 | £81,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Oct 2024 | £37,500 | £37,500 | 131A WHETSTONE LANE |
4 Aug 2023 | £91,653 | £90,000 | 178 ARGYLE STREET SOUTH |
27 Jan 2023 | £77,206 | £77,000 | 159 RODNEY STREET |
4 Mar 2022 | £70,465 | £67,500 | 151 RODNEY STREET |
24 Feb 2022 | £73,952 | £70,000 | 140 RODNEY STREET |
This house has a floor area of 94 sq meters or 1,012 sq feet when measured on 15 Oct 2010. Using an estimated price of £95,045 means this house is valued at £1,010 per sq meter (£93 per sq foot).
The average size of a house on RODNEY STREET is 86 sq meters (934 sq feet).