£494,812
This estimated value is based upon the latest sale price for the house of £392,500 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for CHESHIRE EAST 1
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| Price Paid | Date |
|---|---|
| £392,500 | 3 Nov 2017 |
| Detached |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 sq feet |
This model uses changes in the Official Land Registry House Price Index for CHESHIRE EAST to estimate the market value.
When this house was purchased in November 2017 the House Price Index for CHESHIRE EAST was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £392,500 results in an estimated price of approximately £494,812.
| 3 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £392,500 | £102,312 | £494,812 |
The Postcode Pricing Model uses changes in average sales price within the SK9 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 | -22.497 % | £-88,301 | £304,198 |
| 3 Month Average | 3.151 % | £12,367 | £404,867 |
| 6 Month Average | 5.550 % | £21,784 | £414,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £366,275 | £368,000 | 12 GAINSBOROUGH CLOSE |
| 17 Jun 2022 | £608,550 | £599,950 | 7 STANHOPE CLOSE |
| 29 Apr 2022 | £726,008 | £705,000 | 9 THISTLEWOOD DRIVE |
| 30 Sep 2021 | £851,298 | £790,000 | 17 THISTLEWOOD DRIVE |
| 23 Sep 2021 | £344,830 | £320,000 | 11 MUIRFIELD CLOSE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 21 Jul 2017. Using an estimated price of £494,813 means this house is valued at £4,123 per sq meter (£383 per sq foot).
The average size of a house on GAINSBOROUGH CLOSE is 150 sq meters (1,618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belfry Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazelwood Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Hazelwood Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancelyn Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mainwaring Drive |