£673,495
This estimated value is based upon the latest sale price for the house of £625,000 on 27 Sep 2021. 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 |
|---|---|
| £625,000 | 27 Sep 2021 |
| £565,000 | 3 Dec 2015 |
| £525,000 | 26 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 September 2021 the House Price Index for CHESHIRE WEST AND CHESTER was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £625,000 results in an estimated price of approximately £673,495.
| 27 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £625,000 | £48,495 | £673,495 |
The Postcode Pricing Model uses changes in average sales price within the CH1 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 | 3.065 % | £19,154 | £644,154 |
| 3 Month Average | 11.464 % | £71,647 | £696,647 |
| 6 Month Average | -14.851 % | £-92,820 | £532,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £111,959 | £110,000 | APARTMENT 28 FOREST COURT UNION STREET |
| 4 Aug 2023 | £680,957 | £675,000 | 16 THE GROVES |
| 12 Jul 2023 | £1,697,851 | £1,675,000 | VICTORIA LODGE SOUTH CRESCENT ROAD |
| 27 Jan 2023 | £318,500 | £320,000 | 14 KNIGHTSBRIDGE COURT |
| 16 Jan 2023 | £204,039 | £205,000 | APARTMENT 10 FOREST COURT UNION STREET |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 2 Dec 2013. Using an estimated price of £673,495 means this house is valued at £5,141 per sq meter (£477 per sq foot).
The average size of a house on THE GROVES is 135 sq meters (1,458 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Groves |
| Apr 2024 | Anti-social behaviour | On or near The Groves | |
| Mar 2024 | Drugs | Local resolution | On or near The Groves |