THE SAILINGS, 51 APARTMENT 12 ALEXANDRA ROAD

£288,592

Full Address

THE SAILINGS, 51 APARTMENT 12 ALEXANDRA ROAD
SOUTHPORT
MERSEYSIDE
UNITED KINGDOM
PR9 9AU

Estimated Market Value

£288,592

This estimated value is based upon the latest sale price for the house of £295,478 on 28 Oct 2022. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1

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Transactions for this house
Price PaidDate
£295,47828 Oct 2022
£279,25027 May 2021
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 October 2022 the House Price Index for MERSEYSIDE was 150.2.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.330%.

Applying this -2.330% change to the original purchase price of £295,478 results in an estimated price of approximately £288,592.

28 Oct 2022 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
150.2 146.7 -2.330 % £295,478 £-6,885 £288,592

The Postcode Pricing Model uses changes in average sales price within the PR9 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 88.021 % £260,082 £555,560
3 Month Average 4.983 % £14,723 £310,201
6 Month Average 0.757 % £2,238 £297,716
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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