£397,774
This estimated value is based upon the latest sale price for the house of £242,000 on 25 Jul 2008. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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Price Paid | Date |
---|---|
£242,000 | 25 Jul 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2008 the House Price Index for MERSEYSIDE was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £242,000 results in an estimated price of approximately £397,774.
25 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.370 % | £242,000 | £155,774 | £397,774 |
The Postcode Pricing Model uses changes in average sales price within the L3 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 | -5.247 % | £-12,697 | £229,302 |
3 Month Average | -20.094 % | £-48,628 | £193,371 |
6 Month Average | -8.247 % | £-19,957 | £222,042 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2023 | £191,677 | £190,000 | APARTMENT 122 ALEXANDRA TOWER, 19 PRINCES PARADE |
28 Jun 2023 | £177,146 | £175,000 | APARTMENT 140 ALEXANDRA TOWER, 19 PRINCES PARADE |
2 Mar 2023 | £136,284 | £135,000 | APARTMENT 5 ALEXANDRA TOWER, 19 PRINCES PARADE |
22 Feb 2023 | £144,902 | £145,000 | APARTMENT 108 ALEXANDRA TOWER, 19 PRINCES PARADE |
27 Jan 2023 | £179,156 | £180,000 | APARTMENT 102 ALEXANDRA TOWER, 19 PRINCES PARADE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 Oct 2012. Using an estimated price of £397,775 means this house is valued at £6,026 per sq meter (£559 per sq foot).
The average size of a house on PRINCES PARADE is 74 sq meters (797 sq feet).