£242,699
This estimated value is based upon the latest sale price for the house of £195,500 on 5 Oct 2018. This value is then adjusted by the current Official House Price Index for CHESHIRE WEST AND CHESTER 1
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| Price Paid | Date |
|---|---|
| £195,500 | 5 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for CHESHIRE WEST AND CHESTER to estimate the market value.
When this house was purchased in October 2018 the House Price Index for CHESHIRE WEST AND CHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £195,500 results in an estimated price of approximately £242,699.
| 5 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £195,500 | £47,199 | £242,699 |
The Postcode Pricing Model uses changes in average sales price within the CW7 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 | 21.239 % | £41,522 | £237,022 |
| 3 Month Average | 25.086 % | £49,043 | £244,543 |
| 6 Month Average | 22.624 % | £44,229 | £239,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £165,000 | £165,000 | 22 LANCASTER CLOSE |
| 21 Aug 2023 | £329,951 | £324,000 | 5 ABBEY CLOSE |
| 14 Mar 2023 | £157,632 | £155,000 | 17 LANCASTER CLOSE |
| 30 Nov 2022 | £358,324 | £360,000 | 18 ABBEY CLOSE |
| 18 Nov 2022 | £223,953 | £225,000 | 10 KINGFISHER DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 May 2018. Using an estimated price of £242,700 means this house is valued at £3,324 per sq meter (£308 per sq foot).
The average size of a house on FALCON CLOSE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Swallow Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teal Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Teal Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near York Drive |
| Jun 2024 | Anti-social behaviour | On or near York Drive |