£159,582
This estimated value is based upon the latest sale price for the house of £127,000 on 18 May 2018. 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 |
|---|---|
| £127,000 | 18 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2018 the House Price Index for CHESHIRE WEST AND CHESTER was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £127,000 results in an estimated price of approximately £159,582.
| 18 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £127,000 | £32,582 | £159,582 |
The Postcode Pricing Model uses changes in average sales price within the CH65 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 | 7.930 % | £10,071 | £137,071 |
| 3 Month Average | 30.033 % | £38,141 | £165,141 |
| 6 Month Average | 18.440 % | £23,418 | £150,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 May 2024 | £170,000 | £170,000 | 38 SOMERVILLE CRESCENT |
| 27 Nov 2023 | £192,896 | £188,000 | 52 MALVERN AVENUE |
| 9 Nov 2023 | £145,698 | £142,000 | 103 NEWNHAM DRIVE |
| 20 Oct 2023 | £184,183 | £180,000 | 2 SOUTH ROAD |
| 6 Oct 2023 | £212,322 | £207,500 | 34 SOMERVILLE CRESCENT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Apr 2018. Using an estimated price of £159,582 means this house is valued at £2,020 per sq meter (£187 per sq foot).
The average size of a house on NEWNHAM DRIVE is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Oakley Court | |
| Jul 2024 | Anti-social behaviour | On or near Oakley Court | |
| May 2024 | Public order | Unable to prosecute suspect | On or near Oakley Court |
| Aug 2024 | Other theft | Under investigation | On or near Malvern Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malvern Avenue |