£75,915
This estimated value is based upon the latest sale price for the house of £65,000 on 13 Nov 2020. This value is then adjusted by the current Official House Price Index for MERSEYSIDE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 13 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 November 2020 the House Price Index for MERSEYSIDE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £65,000 results in an estimated price of approximately £75,915.
| 13 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £65,000 | £10,915 | £75,915 |
The Postcode Pricing Model uses changes in average sales price within the L15 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 | 33.651 % | £21,873 | £86,873 |
| 3 Month Average | 36.624 % | £23,805 | £88,805 |
| 6 Month Average | 30.628 % | £19,907 | £84,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £157,419 | £155,000 | 87 LAWRENCE ROAD |
| 6 Oct 2023 | £85,952 | £84,000 | 49 BARTLETT STREET |
| 25 Aug 2023 | £84,015 | £82,500 | 38 BARTLETT STREET |
| 7 Aug 2023 | £106,929 | £105,000 | 30 WHITMAN STREET |
| 4 Aug 2023 | £77,905 | £76,500 | 29 WHITMAN STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 14 Nov 2014. Using an estimated price of £75,916 means this house is valued at £1,488 per sq meter (£138 per sq foot).
The average size of a house on BANNER STREET is 69 sq meters (745 sq feet).