£47,419
This estimated value is based upon the latest sale price for the house of £37,000 on 19 May 2017. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £37,000 | 19 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 May 2017 the House Price Index for MERSEYSIDE was 115.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.161%.Applying this 28.161% change to the original purchase price of £37,000 results in an estimated price of approximately £47,419.
| 19 May 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.0 | 28.161 % | £37,000 | £10,419 | £47,419 |
The Postcode Pricing Model uses changes in average sales price within the L13 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 | 30.631 % | £11,333 | £48,333 |
| 3 Month Average | 28.246 % | £10,450 | £47,450 |
| 6 Month Average | 33.958 % | £12,564 | £49,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £70,237 | £70,000 | 16 CHEADLE AVENUE |
| 20 Nov 2023 | £131,691 | £130,000 | 28 ENNISMORE ROAD |
| 25 Jul 2023 | £64,106 | £63,500 | 2 ST IVES GROVE |
| 14 Apr 2023 | £77,073 | £76,500 | 31 ENNISMORE ROAD |
| 30 Mar 2023 | £110,598 | £110,000 | 31 ST IVES GROVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 26 Feb 2018. Using an estimated price of £47,419 means this house is valued at £846 per sq meter (£78 per sq foot).
The average size of a house on CHEADLE AVENUE is 63 sq meters (679 sq feet).