£133,584
This estimated value is based upon the latest sale price for the house of £126,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £126,000 | 7 Jan 2022 |
| £136,500 | 12 Jan 2018 |
| £135,950 | 20 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 2022 the House Price Index for MERSEYSIDE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £126,000 results in an estimated price of approximately £133,584.
| 7 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £126,000 | £7,584 | £133,584 |
The Postcode Pricing Model uses changes in average sales price within the L2 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 | -23.413 % | £-29,499 | £96,500 |
| 3 Month Average | -52.131 % | £-65,685 | £60,314 |
| 6 Month Average | -45.256 % | £-57,023 | £68,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2022 | £154,801 | £153,250 | APARTMENT 201 WEST AFRICA HOUSE, 25 WATER STREET |
| 21 Apr 2022 | £114,116 | £110,000 | APARTMENT 903 7 THE STRAND |
| 22 Mar 2022 | £180,078 | £172,500 | APARTMENT 606 7 THE STRAND |
| 25 Feb 2022 | £89,799 | £85,000 | APARTMENT 302 7 THE STRAND |
| 7 Jan 2022 | £133,585 | £126,000 | APARTMENT 107 7 THE STRAND |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 17 Oct 2016. Using an estimated price of £133,585 means this house is valued at £3,106 per sq meter (£288 per sq foot).
The average size of a house on THE STRAND is 61 sq meters (663 sq feet).