£722,662
This estimated value is based upon the latest sale price for the house of £600,000 on 13 Mar 2020. 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 |
|---|---|
| £600,000 | 13 Mar 2020 |
| £245,000 | 24 Jun 2005 |
| Detached |
| Freehold |
| Floor Area: 438 sq meters or 4,714 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 March 2020 the House Price Index for CHESHIRE WEST AND CHESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £600,000 results in an estimated price of approximately £722,662.
| 13 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £600,000 | £122,662 | £722,662 |
The Postcode Pricing Model uses changes in average sales price within the CW7 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 | 210.102 % | £1,260,613 | £1,860,613 |
| 3 Month Average | 36.749 % | £220,496 | £820,496 |
| 6 Month Average | 34.163 % | £204,976 | £804,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £583,641 | £575,000 | MEADOW HATCH WELL LANE |
| 13 Nov 2023 | £1,065,779 | £1,050,000 | WHITE OAKES NOVA SCOTIA LANE |
| 1 Sep 2023 | £607,771 | £600,000 | LLOYD HAVEN CHESTER LANE FARM CHESTER LANE |
| 14 Jul 2023 | £357,816 | £353,000 | PACATUS CLAY LANE |
| 8 Jun 2023 | £678,215 | £670,000 | WELL HOUSE FARM WELL LANE |
This house has a floor area of 438 sq meters or 4,714 sq feet when measured on 15 Aug 2018. Using an estimated price of £722,662 means this house is valued at £1,649 per sq meter (£153 per sq foot).
The average size of a house on CHESTER LANE is 155 sq meters (1,670 sq feet).
This house is the largest in the street with a floor area of 438 sq meters (4,714 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shop Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shop Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Common Lane |
| Feb 2024 | Vehicle crime | Under investigation | On or near Chester Lane |