£67,106
This estimated value is based upon the latest sale price for the house of £44,820 on 24 Nov 2014. 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 |
|---|---|
| £44,820 | 24 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 November 2014 the House Price Index for CHESHIRE WEST AND CHESTER was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £44,820 results in an estimated price of approximately £67,106.
| 24 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £44,820 | £22,286 | £67,106 |
The Postcode Pricing Model uses changes in average sales price within the CH65 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 | 71.594 % | £32,088 | £76,908 |
| 3 Month Average | 5.829 % | £2,612 | £47,432 |
| 6 Month Average | 25.722 % | £11,528 | £56,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £146,280 | £145,000 | 48 SWALE ROAD |
| 21 Mar 2023 | £176,664 | £175,000 | 8 NAYLOR WALK |
| 3 Feb 2023 | £277,813 | £278,000 | 19 ATLAS WAY |
| 12 Jan 2023 | £139,344 | £140,000 | 9 WHARFE LANE |
| 18 Jul 2022 | £135,364 | £135,000 | 11 AIRE CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 May 2014. Using an estimated price of £67,106 means this house is valued at £780 per sq meter (£72 per sq foot).
The average size of a house on AIRE CLOSE is 108 sq meters (1,170 sq feet).