£244,004
This estimated value is based upon the latest sale price for the house of £202,000 on 25 Aug 2020. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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| Price Paid | Date |
|---|---|
| £202,000 | 25 Aug 2020 |
| £124,000 | 28 Mar 2003 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2020 the House Price Index for CHESHIRE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £202,000 results in an estimated price of approximately £244,004.
| 25 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £202,000 | £42,004 | £244,004 |
The Postcode Pricing Model uses changes in average sales price within the CW12 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 | 97.177 % | £196,297 | £398,297 |
| 3 Month Average | 39.183 % | £79,148 | £281,148 |
| 6 Month Average | 18.632 % | £37,636 | £239,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2023 | £132,208 | £130,000 | 106 BROADHURST LANE |
| 16 Sep 2022 | £119,620 | £119,700 | 32 LOWER MEADOW DRIVE |
| 15 Sep 2022 | £129,414 | £129,500 | 30 LOWER MEADOW DRIVE |
| 2 Sep 2022 | £254,830 | £255,000 | 15 LOWER MEADOW DRIVE |
| 27 May 2022 | £122,183 | £119,000 | 24 LOWER MEADOW DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 Jul 2015. Using an estimated price of £244,004 means this house is valued at £3,388 per sq meter (£314 per sq foot).
The average size of a house on OAKWORTH CLOSE is 91 sq meters (982 sq feet).