£106,390
This estimated value is based upon the latest sale price for the house of £65,000 on 1 Nov 2013. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 1 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,389 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 November 2013 the House Price Index for MERSEYSIDE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £65,000 results in an estimated price of approximately £106,390.
| 1 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £65,000 | £41,390 | £106,390 |
The Postcode Pricing Model uses changes in average sales price within the L9 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 | -3.574 % | £-2,323 | £62,676 |
| 3 Month Average | 28.482 % | £18,513 | £83,513 |
| 6 Month Average | 29.747 % | £19,335 | £84,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £75,657 | £75,000 | 11 PARKINSON ROAD |
| 23 Oct 2023 | £241,485 | £236,000 | 2 YEW TREE ROAD |
| 3 Feb 2023 | £110,740 | £110,000 | 8 FAZAKERLEY ROAD |
| 18 Jan 2023 | £92,246 | £92,000 | 21 PARKINSON ROAD |
| 14 Nov 2022 | £89,581 | £90,000 | 159 RICE LANE |
This house has a floor area of 129 sq meters or 1,389 sq feet when measured on 14 Jun 2010. Using an estimated price of £106,391 means this house is valued at £824 per sq meter (£76 per sq foot).
The average size of a house on RICE LANE is 96 sq meters (1,041 sq feet).