£147,309
This estimated value is based upon the latest sale price for the house of £85,000 on 14 Mar 2011. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 14 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 March 2011 the House Price Index for MERSEYSIDE was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £85,000 results in an estimated price of approximately £147,309.
| 14 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £85,000 | £62,309 | £147,309 |
The Postcode Pricing Model uses changes in average sales price within the L4 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 | 52.632 % | £44,737 | £129,737 |
| 3 Month Average | 79.766 % | £67,801 | £152,801 |
| 6 Month Average | 56.304 % | £47,858 | £132,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £130,000 | £130,000 | 376 QUEENS DRIVE |
| 13 Jun 2023 | £190,008 | £186,200 | 14 WOODLAND ROAD |
| 20 Mar 2023 | £165,260 | £162,500 | 68 RICHARD KELLY DRIVE |
| 24 Feb 2023 | £130,874 | £130,000 | 19 LINDSAY ROAD |
| 26 Aug 2022 | £190,893 | £190,000 | 1 KINMEL CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 24 Jan 2011. Using an estimated price of £147,309 means this house is valued at £2,584 per sq meter (£240 per sq foot).
The average size of a house on LANGLAND CLOSE is 87 sq meters (942 sq feet).