£329,028
This estimated value is based upon the latest sale price for the house of £205,000 on 9 Dec 2013. This value is then adjusted by the current Official House Price Index for CHESHIRE EAST 1
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| Price Paid | Date |
|---|---|
| £205,000 | 9 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 841 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 December 2013 the House Price Index for CHESHIRE EAST was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £205,000 results in an estimated price of approximately £329,028.
| 9 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £205,000 | £124,028 | £329,028 |
The Postcode Pricing Model uses changes in average sales price within the SK10 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 | 46.182 % | £94,672 | £299,672 |
| 3 Month Average | 51.240 % | £105,041 | £310,041 |
| 6 Month Average | 52.100 % | £106,804 | £311,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £764,778 | £755,000 | 2 BIRTLES ROAD |
| 10 Aug 2023 | £138,209 | £137,000 | FLAT 5 ORCHARD HOUSE DRUMMOND WAY |
| 25 Jul 2023 | £182,456 | £180,000 | 33 PRIORY LANE |
| 2 Jun 2023 | £227,759 | £225,000 | 15 DRUMMOND WAY |
| 22 Feb 2023 | £139,906 | £140,000 | FLAT 8 ORCHARD HOUSE DRUMMOND WAY |
This house has a floor area of 78 sq meters or 841 sq feet when measured on 1 Mar 2012. Using an estimated price of £329,029 means this house is valued at £4,207 per sq meter (£390 per sq foot).
The average size of a house on RAYLEIGH CLOSE is 110 sq meters (1,192 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near West House Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cornwall Close |
| Feb 2024 | Public order | Awaiting court outcome | On or near Truro Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Drugs | Local resolution | On or near Parking Area |