£237,896
This estimated value is based upon the latest sale price for the house of £195,000 on 30 Jun 2020. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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Price Paid | Date |
---|---|
£195,000 | 30 Jun 2020 |
£160,000 | 8 Sep 2015 |
£60,000 | 22 Oct 1999 |
Detached |
Freehold |
Floor Area: 80 sq meters or 871 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 June 2020 the House Price Index for CHESHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £195,000 results in an estimated price of approximately £237,896.
30 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £195,000 | £42,896 | £237,896 |
The Postcode Pricing Model uses changes in average sales price within the CW11 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 | 35.373 % | £68,976 | £263,976 |
3 Month Average | 15.298 % | £29,830 | £224,830 |
6 Month Average | 28.542 % | £55,656 | £250,656 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £255,584 | £249,950 | 20 THIRD AVENUE |
29 Sep 2023 | £204,508 | £200,000 | 24 LATHAM ROAD |
1 Sep 2023 | £214,734 | £210,000 | 12 NEWALL AVENUE |
16 Jun 2023 | £219,397 | £215,000 | 3 LATHAM ROAD |
3 Feb 2023 | £305,038 | £303,000 | 3 SECOND AVENUE |
This house has a floor area of 80 sq meters or 871 sq feet when measured on 2 Nov 2009. Using an estimated price of £237,896 means this house is valued at £2,938 per sq meter (£273 per sq foot).
The average size of a house on PRICE AVENUE is 99 sq meters (1,074 sq feet).