£391,137
This estimated value is based upon the latest sale price for the house of £359,000 on 9 Nov 2021. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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| Price Paid | Date |
|---|---|
| £359,000 | 9 Nov 2021 |
| £124,950 | 25 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 November 2021 the House Price Index for CHESHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £359,000 results in an estimated price of approximately £391,137.
| 9 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £359,000 | £32,137 | £391,137 |
The Postcode Pricing Model uses changes in average sales price within the CW5 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 | -27.064 % | £-97,158 | £261,841 |
| 3 Month Average | 2.678 % | £9,613 | £368,613 |
| 6 Month Average | -21.539 % | £-77,326 | £281,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £138,516 | £135,000 | APARTMENT 7 FAIRFAX COURT BARONY ROAD |
| 11 Aug 2023 | £288,198 | £283,000 | 14 KINGFISHER CLOSE |
| 17 Mar 2023 | £386,454 | £380,000 | 23 MEADOW VALE CLOSE |
| 17 Feb 2023 | £317,118 | £315,000 | 16 KINGFISHER CLOSE |
| 6 Sep 2022 | £434,710 | £435,000 | 3 MEADOW VALE CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 10 Mar 2020. Using an estimated price of £391,138 means this house is valued at £3,950 per sq meter (£367 per sq foot).
The average size of a house on MERCER WAY is 133 sq meters (1,434 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mercer Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mercer Way |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Riverbank Close |
| Jul 2024 | Public order | Under investigation | On or near Barony Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barony Court |