£501,600
This estimated value is based upon the latest sale price for the house of £450,000 on 28 Oct 2021. 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 |
---|---|
£450,000 | 28 Oct 2021 |
Semi-Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 October 2021 the House Price Index for CHESHIRE WEST AND CHESTER was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £450,000 results in an estimated price of approximately £501,600.
28 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £450,000 | £51,600 | £501,600 |
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 | 35.803 % | £161,113 | £611,113 |
3 Month Average | 26.273 % | £118,230 | £568,230 |
6 Month Average | 19.132 % | £86,094 | £536,094 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £276,275 | £270,000 | 37 WEALSTONE COURT NEWTON LANE |
12 Apr 2022 | £328,344 | £316,500 | 7 PLAS NEWTON LANE |
11 Feb 2022 | £422,530 | £399,950 | 30 NEWTON LANE |
11 Jan 2022 | £480,800 | £453,500 | 44 NEWTON LANE |
7 Jan 2022 | £270,351 | £255,000 | 9 WEALSTONE COURT NEWTON LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 23 Aug 2021. Using an estimated price of £501,601 means this house is valued at £4,180 per sq meter (£388 per sq foot).
The average size of a house on NEWTON LANE is 130 sq meters (1,403 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Well Lane | |
Jul 2024 | Anti-social behaviour | On or near Well Lane | |
Jul 2024 | Anti-social behaviour | On or near Well Lane | |
Jul 2024 | Anti-social behaviour | On or near Well Lane | |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Bank Close |