£122,731
This estimated value is based upon the latest sale price for the house of £89,950 on 27 Apr 2016. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £89,950 | 27 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2016 the House Price Index for MERSEYSIDE was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £89,950 results in an estimated price of approximately £122,731.
| 27 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £89,950 | £32,781 | £122,731 |
The Postcode Pricing Model uses changes in average sales price within the CH46 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 | 47.175 % | £42,433 | £132,383 |
| 3 Month Average | 63.034 % | £56,699 | £146,649 |
| 6 Month Average | 48.976 % | £44,053 | £134,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Feb 2023 | £151,009 | £150,000 | 31 PENRHYN STREET |
| 7 Jun 2022 | £108,826 | £106,500 | 29 PENRHYN STREET |
| 18 Jun 2021 | £74,039 | £68,500 | 4 STANZA COURT |
| 30 Sep 2020 | £90,909 | £76,000 | 14 STANZA COURT |
| 17 Sep 2019 | £88,995 | £72,000 | 78 CHAPEL GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Oct 2015. Using an estimated price of £122,732 means this house is valued at £1,948 per sq meter (£180 per sq foot).
The average size of a house on CHAPELHILL ROAD is 84 sq meters (908 sq feet).