£542,900
This estimated value is based upon the latest sale price for the house of £175,000 on 11 Feb 2002. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 11 Feb 2002 |
| £136,950 | 27 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 February 2002 the House Price Index for CHESHIRE was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £175,000 results in an estimated price of approximately £542,900.
| 11 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £175,000 | £367,900 | £542,900 |
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 | 147.234 % | £257,659 | £432,659 |
| 3 Month Average | 175.561 % | £307,232 | £482,232 |
| 6 Month Average | 162.378 % | £284,160 | £459,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £350,000 | £350,000 | 17 MERCER WAY |
| 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 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 15 Jan 2019. Using an estimated price of £542,901 means this house is valued at £4,176 per sq meter (£387 per sq foot).
The average size of a house on RIVERBANK CLOSE is 175 sq meters (1,890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Riverbank Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mercer Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Mercer Way |
| Sep 2024 | Public order | Under investigation | On or near Vauxhall Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Vauxhall Road |