£247,097
This estimated value is based upon the latest sale price for the house of £200,000 on 20 Jun 2019. 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 |
|---|---|
| £200,000 | 20 Jun 2019 |
| Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 June 2019 the House Price Index for CHESHIRE WEST AND CHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £200,000 results in an estimated price of approximately £247,097.
| 20 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £200,000 | £47,097 | £247,097 |
The Postcode Pricing Model uses changes in average sales price within the CW6 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 | 43.298 % | £86,595 | £286,595 |
| 3 Month Average | 27.974 % | £55,948 | £255,948 |
| 6 Month Average | 23.060 % | £46,119 | £246,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £550,000 | £550,000 | 3 - 5 FOREST ROAD |
| 8 Sep 2023 | £759,714 | £750,000 | 3 CEDARWOOD COURT |
| 6 Aug 2023 | £625,472 | £620,000 | 4 CEDARWOOD COURT |
| 11 Jul 2022 | £601,619 | £600,000 | 43 HIGH STREET |
| 17 Jun 2022 | £415,877 | £410,000 | 29 HIGH STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 3 Oct 2016. Using an estimated price of £247,097 means this house is valued at £4,575 per sq meter (£425 per sq foot).
The average size of a house on FOREST ROAD is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Offender given a caution | On or near Cedarwood Court |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Cedarwood Court |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Close |
| Jan 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Chestnut Court |