£149,667
This estimated value is based upon the latest sale price for the house of £115,000 on 12 Jan 2017. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 12 Jan 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2017 the House Price Index for MERSEYSIDE was 113.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.145%.Applying this 30.145% change to the original purchase price of £115,000 results in an estimated price of approximately £149,667.
| 12 Jan 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.0 | 30.145 % | £115,000 | £34,667 | £149,667 |
The Postcode Pricing Model uses changes in average sales price within the L12 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 | 62.845 % | £72,271 | £187,271 |
| 3 Month Average | 28.652 % | £32,949 | £147,949 |
| 6 Month Average | 30.817 % | £35,440 | £150,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £157,016 | £155,000 | 5 MILLGREEN CLOSE |
| 15 Nov 2023 | £278,576 | £275,000 | 36 WOOD LEA |
| 25 Aug 2023 | £251,529 | £249,999 | 6 HAVERTON WALK |
| 24 Feb 2023 | £238,870 | £240,000 | 1 WARDGATE AVENUE |
| 22 Jul 2022 | £154,791 | £155,000 | 5 WOOD LEA |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 13 May 2013. Using an estimated price of £149,667 means this house is valued at £3,184 per sq meter (£295 per sq foot).
The average size of a house on SOUTHGATE CLOSE is 65 sq meters (702 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).