£232,743
This estimated value is based upon the latest sale price for the house of £115,500 on 28 May 2004. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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| Price Paid | Date |
|---|---|
| £115,500 | 28 May 2004 |
| £66,950 | 24 Aug 2001 |
| £59,950 | 4 May 2001 |
| £54,950 | 29 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 May 2004 the House Price Index for CHESHIRE was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £115,500 results in an estimated price of approximately £232,743.
| 28 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £115,500 | £117,243 | £232,743 |
The Postcode Pricing Model uses changes in average sales price within the CW1 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 | 24.627 % | £28,443 | £143,943 |
| 3 Month Average | 57.377 % | £66,270 | £181,770 |
| 6 Month Average | 80.539 % | £93,022 | £208,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £197,122 | £195,000 | 33 MERLIN WAY |
| 16 Sep 2022 | £198,398 | £200,000 | 77 MERLIN WAY |
| 12 Sep 2022 | £188,478 | £190,000 | 39 MERLIN WAY |
| 1 Apr 2022 | £185,879 | £180,500 | 4 MERLIN WAY |
| 14 Feb 2022 | £204,495 | £195,000 | 8 MERLIN WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 2 Oct 2018. Using an estimated price of £232,744 means this house is valued at £4,231 per sq meter (£393 per sq foot).
The average size of a house on MERLIN WAY is 79 sq meters (860 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B5076 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B5076 |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B5076 |