£294,688
This estimated value is based upon the latest sale price for the house of £230,000 on 14 Jun 2017. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 14 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 June 2017 the House Price Index for MERSEYSIDE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £230,000 results in an estimated price of approximately £294,688.
| 14 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £230,000 | £64,688 | £294,688 |
The Postcode Pricing Model uses changes in average sales price within the CH47 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 | -14.890 % | £-34,245 | £195,754 |
| 3 Month Average | 5.394 % | £12,406 | £242,406 |
| 6 Month Average | 16.283 % | £37,450 | £267,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £430,504 | £425,000 | 20 GROVE PLACE |
| 16 Aug 2023 | £479,192 | £475,000 | 19 SEAVIEW |
| 9 Aug 2023 | £263,303 | £261,000 | 18 GROVE PLACE |
| 27 Jul 2023 | £496,685 | £490,000 | 4 SEAVIEW |
| 16 Jun 2023 | £183,725 | £181,500 | 18 SEAVIEW |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 30 Mar 2017. Using an estimated price of £294,689 means this house is valued at £3,466 per sq meter (£322 per sq foot).
The average size of a house on GROVE TERRACE is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lake Place |