£115,747
This estimated value is based upon the latest sale price for the house of £67,500 on 18 Jul 2012. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £67,500 | 18 Jul 2012 |
| Terraced |
| Leasehold |
| Floor Area: 86 sq meters or 933 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 July 2012 the House Price Index for MERSEYSIDE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £67,500 results in an estimated price of approximately £115,747.
| 18 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £67,500 | £48,247 | £115,747 |
The Postcode Pricing Model uses changes in average sales price within the L11 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 | 109.760 % | £74,087 | £141,587 |
| 3 Month Average | 106.967 % | £72,202 | £139,702 |
| 6 Month Average | 82.345 % | £55,582 | £123,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £196,708 | £195,000 | 127 TOWNSEND AVENUE |
| 1 Dec 2023 | £180,548 | £175,000 | 121 TOWNSEND AVENUE |
| 12 Oct 2023 | £120,742 | £118,000 | 25 BROAD LANE |
| 24 Feb 2023 | £162,083 | £161,000 | 139 PARTHENON DRIVE |
| 20 Feb 2023 | £110,740 | £110,000 | 29 BROAD LANE |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 1 Mar 2012. Using an estimated price of £115,748 means this house is valued at £1,334 per sq meter (£123 per sq foot).
The average size of a house on UTTING AVENUE EAST is 93 sq meters (1,007 sq feet).