£557,901
This estimated value is based upon the latest sale price for the house of £410,000 on 10 Mar 2016. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £410,000 | 10 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 March 2016 the House Price Index for MERSEYSIDE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £410,000 results in an estimated price of approximately £557,901.
| 10 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £410,000 | £147,901 | £557,901 |
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 | -47.484 % | £-194,684 | £215,315 |
| 3 Month Average | 20.766 % | £85,142 | £495,142 |
| 6 Month Average | 33.708 % | £138,203 | £548,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £168,967 | £167,500 | 61B HOPE STREET |
| 1 Mar 2024 | £1,066,384 | £1,050,000 | 25 CANNING STREET |
| 28 Apr 2023 | £4,331 | £4,250 | FLAT 1 8 GAMBIER TERRACE |
| 27 Feb 2023 | £50,336 | £50,000 | FEDERATION HOUSE HOPE STREET |
| 30 Jan 2023 | £175,469 | £175,000 | FLAT 1 38 CATHARINE STREET |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 15 Nov 2019. Using an estimated price of £557,902 means this house is valued at £3,422 per sq meter (£317 per sq foot).
The average size of a house on BLACKBURNE PLACE is 184 sq meters (1,980 sq feet).
This house is the largest in the street with a floor area of 163 sq meters (1,754 sq feet).