£63,047
This estimated value is based upon the latest sale price for the house of £62,500 on 26 Apr 2024. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £62,500 | 26 Apr 2024 |
| £75,000 | 10 Dec 2008 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 April 2024 the House Price Index for MERSEYSIDE was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £62,500 results in an estimated price of approximately £63,047.
| 26 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £62,500 | £547 | £63,047 |
The Postcode Pricing Model uses changes in average sales price within the L8 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 | 18.084 % | £11,302 | £73,802 |
| 3 Month Average | -2.970 % | £-1,856 | £60,643 |
| 6 Month Average | -0.865 % | £-540 | £61,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £63,048 | £62,500 | 42 HOLMES STREET |
| 15 Dec 2023 | £154,755 | £150,000 | 11 LESSEPS ROAD |
| 1 Dec 2023 | £206,289 | £199,950 | 16 LESSEPS ROAD |
| 17 Oct 2023 | £61,394 | £60,000 | 35 WENDELL STREET |
| 14 Apr 2023 | £40,253 | £39,500 | 63 WHITTIER STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 12 Oct 2017. Using an estimated price of £63,048 means this house is valued at £1,087 per sq meter (£100 per sq foot).
The average size of a house on HOLMES STREET is 58 sq meters (630 sq feet).