£448,138
This estimated value is based upon the latest sale price for the house of £84,500 on 20 Feb 1997. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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| Price Paid | Date |
|---|---|
| £84,500 | 20 Feb 1997 |
| Detached |
| Leasehold |
| Floor Area: 165 sq meters or 1,776 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 1997 the House Price Index for CHESHIRE was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £84,500 results in an estimated price of approximately £448,138.
| 20 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 149.7 | 430.342 % | £84,500 | £363,638 | £448,138 |
The Postcode Pricing Model uses changes in average sales price within the CW12 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 | 282.277 % | £238,524 | £323,024 |
| 3 Month Average | 251.366 % | £212,404 | £296,904 |
| 6 Month Average | 259.680 % | £219,429 | £303,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £312,806 | £308,000 | 57 BERKSHIRE DRIVE |
| 14 Aug 2023 | £340,135 | £334,000 | 29 SOMERSET CLOSE |
| 3 Apr 2023 | £305,718 | £300,000 | 26 SOMERSET CLOSE |
| 3 Mar 2023 | £373,742 | £367,500 | 23 SOMERSET CLOSE |
| 17 Feb 2023 | £390,106 | £387,500 | 25 SOMERSET CLOSE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 16 Jan 2013. Using an estimated price of £448,139 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on SOMERSET CLOSE is 142 sq meters (1,529 sq feet).
This house is the largest in the street with a floor area of 165 sq meters (1,776 sq feet).