£225,110
This estimated value is based upon the latest sale price for the house of £159,995 on 16 Oct 2015. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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Price Paid | Date |
---|---|
£159,995 | 16 Oct 2015 |
£153,450 | 3 May 2006 |
£57,000 | 11 Jun 1999 |
Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 2015 the House Price Index for CHESHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £159,995 results in an estimated price of approximately £225,110.
16 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £159,995 | £65,115 | £225,110 |
The Postcode Pricing Model uses changes in average sales price within the CW11 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 | 1.407 % | £2,250 | £162,245 |
3 Month Average | 7.473 % | £11,955 | £171,950 |
6 Month Average | 35.525 % | £56,837 | £216,832 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £175,063 | £172,000 | 20 ASHBY DRIVE |
15 Sep 2023 | £151,943 | £150,000 | 18 RUTLAND CLOSE |
11 Aug 2023 | £161,412 | £160,000 | 32 RUTLAND CLOSE |
8 Aug 2023 | £179,067 | £177,500 | 3 CHAUCER GROVE |
21 Jul 2023 | £202,729 | £200,000 | 11 WELLAND CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 29 Apr 2015. Using an estimated price of £225,111 means this house is valued at £2,961 per sq meter (£275 per sq foot).
The average size of a house on WELLAND CLOSE is 81 sq meters (879 sq feet).