£938,002
This estimated value is based upon the latest sale price for the house of £900,000 on 12 Dec 2023. This value is then adjusted by the current Official House Price Index for CHESHIRE EAST 1
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| Price Paid | Date |
|---|---|
| £900,000 | 12 Dec 2023 |
| £640,000 | 1 Nov 2016 |
| £477,000 | 20 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 319 sq meters or 3,433 sq feet |
This model uses changes in the Official Land Registry House Price Index for CHESHIRE EAST to estimate the market value.
When this house was purchased in December 2023 the House Price Index for CHESHIRE EAST was 97.1.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 4.222%.Applying this 4.222% change to the original purchase price of £900,000 results in an estimated price of approximately £938,002.
| 12 Dec 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.1 | 101.2 | 4.222 % | £900,000 | £38,002 | £938,002 |
The Postcode Pricing Model uses changes in average sales price within the CW12 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 | -21.098 % | £-189,879 | £710,120 |
| 3 Month Average | 19.071 % | £171,635 | £1,071,635 |
| 6 Month Average | 13.530 % | £121,766 | £1,021,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £355,868 | £352,000 | 9 MARTINS MILL WARDS LANE |
| 14 Aug 2024 | £348,791 | £345,000 | 6 MARTINS MILL WARDS LANE |
| 1 Aug 2024 | £140,527 | £139,000 | 3 READES LANE |
| 28 May 2024 | £331,887 | £325,000 | 5 MARTINS MILL WARDS LANE |
| 12 Dec 2023 | £341,329 | £327,500 | 4 MARTINS MILL WARDS LANE |
This house has a floor area of 319 sq meters or 3,433 sq feet when measured on 6 May 2019. Using an estimated price of £938,002 means this house is valued at £2,940 per sq meter (£273 per sq foot).
The average size of a house on WARDS LANE is 167 sq meters (1,799 sq feet).
This house is the largest in the street with a floor area of 319 sq meters (3,433 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Randle'S View |
| Jan 2025 | Drugs | Local resolution | On or near Oakmont Close |
| Dec 2024 | Violence and sexual offences | Local resolution | On or near Oakmont Close |
| Jan 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Minton Close |
| Dec 2024 | Public order | Investigation complete; no suspect identified | On or near Arden Court |