This estimated value is based upon the latest sale price for the house of £100,000 on 31 Jan 2013. This value is then adjusted by the current Official House Price Index for CHESHIRE WEST AND CHESTER1
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|£100,000||31 Jan 2013|
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 January 2013 the House Price Index for CHESHIRE WEST AND CHESTER was 91.8.The House Price Index as of 1 Dec 2019 is 118.3 which is a change of 28.832%.
Applying this 28.832% change to the original purchase price of £100,000 gives us an estimated price now of around £128,832.
|31 Jan 2013||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
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||51.499 %||£51,498||£151,498|
|3 Month Average||46.230 %||£46,230||£146,230|
|6 Month Average||44.842 %||£44,841||£144,841|
|Date||Current Estimated Value||Price Paid||Address|
|11 Oct 2019||£64,480||£63,000||26 LIME STREET|
|14 Aug 2019||£127,869||£125,000||7 PORTSIDE HOUSE LOWER MERSEY STREET|
|20 Jun 2019||£95,763||£93,000||3A MERSEY TERRACE|
|10 May 2019||£100,015||£97,000||28 LIME STREET|
|4 Apr 2019||£73,324||£71,000||34 LIVINGSTONE ROAD|