£134,168
This estimated value is based upon the latest sale price for the house of £110,000 on 20 Jan 2020. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 20 Jan 2020 |
| £129,500 | 18 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 2020 the House Price Index for MERSEYSIDE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £110,000 results in an estimated price of approximately £134,168.
| 20 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £110,000 | £24,168 | £134,168 |
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 | 190.803 % | £209,882 | £319,882 |
| 3 Month Average | 69.109 % | £76,020 | £186,020 |
| 6 Month Average | 227.583 % | £250,341 | £360,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £167,137 | £165,000 | APARTMENT 24 12 CHEAPSIDE |
| 28 Jul 2023 | £163,906 | £161,700 | APARTMENT 15 12 CHEAPSIDE |
| 30 Mar 2023 | £171,617 | £170,000 | APARTMENT 21 12 CHEAPSIDE |
| 7 Mar 2023 | £182,873 | £181,150 | APARTMENT 49 12 CHEAPSIDE |
| 23 Feb 2023 | £111,425 | £111,500 | APARTMENT 18 12 CHEAPSIDE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 2 Aug 2018. Using an estimated price of £134,169 means this house is valued at £3,626 per sq meter (£336 per sq foot).
The average size of a house on CHEAPSIDE is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Awaiting court outcome | On or near Cheapside |
| Feb 2024 | Drugs | Under investigation | On or near Cheapside |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Cheapside |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Cheapside |
| Jan 2024 | Drugs | Local resolution | On or near Cheapside |