£297,271
This estimated value is based upon the latest sale price for the house of £245,000 on 18 Mar 2020. 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 |
|---|---|
| £245,000 | 18 Mar 2020 |
| £170,000 | 10 Jun 2011 |
| £99,500 | 19 Mar 2002 |
| £70,000 | 16 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 744 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 March 2020 the House Price Index for CHESHIRE WEST AND CHESTER was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £245,000 results in an estimated price of approximately £297,271.
| 18 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £245,000 | £52,271 | £297,271 |
The Postcode Pricing Model uses changes in average sales price within the CH2 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 | 14.675 % | £35,953 | £280,953 |
| 3 Month Average | 38.152 % | £93,473 | £338,473 |
| 6 Month Average | 24.166 % | £59,207 | £304,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £253,000 | £253,000 | 16 HOUSESTEADS DRIVE |
| 17 Nov 2023 | £253,433 | £247,000 | 55 CLARE AVENUE |
| 1 Aug 2022 | £316,480 | £315,000 | 27 MELKRIDGE CLOSE |
| 10 Jun 2022 | £243,710 | £238,500 | 99 CLARE AVENUE |
| 28 Jan 2022 | £288,374 | £272,000 | 10 MELKRIDGE CLOSE |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 13 Mar 2011. Using an estimated price of £297,271 means this house is valued at £4,298 per sq meter (£399 per sq foot).
The average size of a house on MELKRIDGE CLOSE is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clare Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Houghton Close |
| Oct 2024 | Public order | Formal action is not in the public interest | On or near Bishops Gate |
| Sep 2024 | Anti-social behaviour | On or near Bishops Gate |