£121,897
This estimated value is based upon the latest sale price for the house of £90,000 on 5 Apr 2016. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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Price Paid | Date |
---|---|
£90,000 | 5 Apr 2016 |
£104,950 | 15 Oct 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 April 2016 the House Price Index for CHESHIRE was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £90,000 results in an estimated price of approximately £121,897.
5 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £90,000 | £31,897 | £121,897 |
The Postcode Pricing Model uses changes in average sales price within the CW1 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 | 4.888 % | £4,399 | £94,399 |
3 Month Average | 24.862 % | £22,376 | £112,376 |
6 Month Average | 25.873 % | £23,285 | £113,285 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2022 | £103,626 | £100,000 | 24 CHASSAGNE SQUARE |
20 Dec 2021 | £186,420 | £174,000 | 17 CHASSAGNE SQUARE |
23 Sep 2021 | £158,945 | £147,500 | 14 CHASSAGNE SQUARE |
27 Aug 2021 | £112,677 | £101,000 | 11 ALDER DRIVE |
5 Jul 2021 | £206,868 | £180,000 | 10 CHASSAGNE SQUARE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Sep 2019. Using an estimated price of £121,897 means this house is valued at £1,792 per sq meter (£166 per sq foot).
The average size of a house on ALDER DRIVE is 65 sq meters (705 sq feet).