£648,161
This estimated value is based upon the latest sale price for the house of £527,500 on 8 Jan 2020. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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| Price Paid | Date |
|---|---|
| £527,500 | 8 Jan 2020 |
| £190,000 | 4 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 January 2020 the House Price Index for CHESHIRE was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £527,500 results in an estimated price of approximately £648,161.
| 8 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £527,500 | £120,661 | £648,161 |
The Postcode Pricing Model uses changes in average sales price within the WA16 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 | -42.357 % | £-223,433 | £304,066 |
| 3 Month Average | 7.385 % | £38,954 | £566,454 |
| 6 Month Average | 5.355 % | £28,246 | £555,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £634,409 | £620,000 | 24 MEREHEATH PARK |
| 1 Sep 2023 | £449,918 | £440,000 | 37 GARDEN ROAD |
| 7 Jun 2023 | £627,577 | £615,000 | 12 WILLOW GREEN |
| 3 Aug 2022 | £429,508 | £427,500 | 48 MEREHEATH PARK |
| 19 May 2022 | £482,572 | £470,000 | 15 VICTORIA STREET |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 22 Jun 2015. Using an estimated price of £648,162 means this house is valued at £5,312 per sq meter (£493 per sq foot).
The average size of a house on MEREHEATH PARK is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garden Road |
| May 2024 | Drugs | Local resolution | On or near Manchester Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near George Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Street |
| Jul 2024 | Anti-social behaviour | On or near Parking Area |