£241,588
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
There has been one burglary within the last year on or near Somerset Close
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Price Paid | Date |
---|---|
£200,000 | 28 Aug 2020 |
£156,000 | 3 Sep 2014 |
£117,500 | 23 May 2003 |
£95,000 | 17 May 2002 |
£84,950 | 16 Feb 2001 |
£66,950 | 14 Dec 1998 |
Terraced |
Leasehold |
Floor Area: 28 sq meters or 301 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 August 2020 the House Price Index for CHESHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £200,000 results in an estimated price of approximately £241,588.
28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £200,000 | £41,588 | £241,588 |
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 | 10.086 % | £20,171 | £220,171 |
3 Month Average | 16.474 % | £32,948 | £232,948 |
6 Month Average | 25.916 % | £51,831 | £251,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £464,266 | £450,000 | 23 UNDERWOOD CLOSE |
27 Oct 2023 | £235,345 | £230,000 | 23A HOME FARM AVENUE |
25 Sep 2023 | £237,741 | £232,500 | 40 HOME FARM AVENUE |
20 Mar 2023 | £236,398 | £232,450 | 42 HOME FARM AVENUE |
25 Nov 2022 | £209,023 | £210,000 | 43 HOME FARM AVENUE |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 21 May 2014. Using an estimated price of £241,588 means this house is valued at £8,628 per sq meter (£801 per sq foot).
The average size of a house on HOME FARM AVENUE is 87 sq meters (944 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (301 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Somerset Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Somerset Close |
Jul 2024 | Possession of weapons | Under investigation | On or near Somerset Close |
Jun 2024 | Burglary | Unable to prosecute suspect | On or near Somerset Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Somerset Close |