£267,998
This estimated value is based upon the latest sale price for the house of £180,000 on 2 Feb 2015. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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Price Paid | Date |
---|---|
£180,000 | 2 Feb 2015 |
£165,000 | 30 May 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 86 sq meters or 933 sq feet |
This model uses changes in the Official Land Registry House Price Index for CHESHIRE to estimate the market value.
When this house was purchased in February 2015 the House Price Index for CHESHIRE was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £180,000 results in an estimated price of approximately £267,998.
2 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £180,000 | £87,998 | £267,998 |
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 | 60.959 % | £109,726 | £289,726 |
3 Month Average | 24.613 % | £44,303 | £224,303 |
6 Month Average | 20.622 % | £37,118 | £217,118 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Feb 2023 | £222,486 | £221,000 | FLAT 4 1875 BAKERS COURT STEAM MILL STREET |
2 Nov 2022 | £348,371 | £350,000 | 1 EARLS VILLAS |
12 Oct 2022 | £171,926 | £172,500 | APARTMENT 37 ETHOS COURT CITY ROAD |
2 Aug 2022 | £158,742 | £158,000 | APARTMENT 27 ETHOS COURT CITY ROAD |
1 Jul 2022 | £148,993 | £147,500 | APARTMENT 21 ETHOS COURT RUSSELL STREET |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 3 Oct 2011. Using an estimated price of £267,999 means this house is valued at £3,091 per sq meter (£287 per sq foot).
The average size of a house on CITY ROAD is 78 sq meters (840 sq feet).