251

£90,443

Full Address

251
WATCHYARD LANE
BIRKENHEAD
MERSEYSIDE
UNITED KINGDOM
L42 3TD

Estimated Market Value

£90,443

This estimated value is based upon the latest sale price for the house of £17,500 on 26 Mar 1997. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1

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Transactions for this house
Price PaidDate
£17,50026 Mar 1997
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 March 1997 the House Price Index for MERSEYSIDE was 28.4.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 416.819%.

Applying this 416.819% change to the original purchase price of £17,500 results in an estimated price of approximately £90,443.

26 Mar 1997 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
28.4 146.7 416.819 % £17,500 £72,943 £90,443

The Postcode Pricing Model uses changes in average sales price within the L42 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 871.429 % £152,499 £169,999
3 Month Average 871.429 % £152,499 £169,999
6 Month Average 426.838 % £74,696 £92,196
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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