£228,494
This estimated value is based upon the latest sale price for the house of £172,500 on 3 Oct 2016. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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| Price Paid | Date |
|---|---|
| £172,500 | 3 Oct 2016 |
| £172,082 | 15 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 October 2016 the House Price Index for CHESHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £172,500 results in an estimated price of approximately £228,494.
| 3 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £172,500 | £55,994 | £228,494 |
The Postcode Pricing Model uses changes in average sales price within the CH1 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 | 151.678 % | £261,645 | £434,145 |
| 3 Month Average | 30.047 % | £51,831 | £224,331 |
| 6 Month Average | 5.682 % | £9,801 | £182,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £141,905 | £142,000 | 9 NELSON STREET |
| 15 Jul 2022 | £176,475 | £176,000 | 7 COLCHESTER HOUSE THE SQUARE |
| 10 Feb 2022 | £191,387 | £182,500 | FLAT 23 CITY APARTMENTS, 33 CITY ROAD |
| 12 Jan 2022 | £415,701 | £395,000 | 10 COLCHESTER HOUSE THE SQUARE |
| 26 Nov 2021 | £189,265 | £175,000 | 4 COLCHESTER HOUSE THE SQUARE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Sep 2013. Using an estimated price of £228,494 means this house is valued at £2,820 per sq meter (£262 per sq foot).
The average size of a house on CITY ROAD is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Leadworks Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Leadworks Lane |