£553,141
This estimated value is based upon the latest sale price for the house of £440,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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| Price Paid | Date |
|---|---|
| £440,000 | 21 Dec 2017 |
| £158,950 | 8 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,994 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 December 2017 the House Price Index for CHESHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £440,000 results in an estimated price of approximately £553,141.
| 21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £440,000 | £113,141 | £553,141 |
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 | -28.203 % | £-124,094 | £315,905 |
| 3 Month Average | 18.553 % | £81,635 | £521,635 |
| 6 Month Average | 24.725 % | £108,790 | £548,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £428,751 | £425,000 | 25 WOBURN DRIVE |
| 18 Apr 2023 | £190,173 | £188,125 | 5 MARSHALL GROVE |
| 10 Mar 2022 | £331,604 | £320,000 | 14 BLACKSHAW CLOSE |
| 12 Nov 2021 | £448,828 | £415,000 | 14 WOBURN DRIVE |
| 30 Jun 2021 | £313,830 | £292,500 | 23 BLACKSHAW CLOSE |
This house has a floor area of 185 sq meters or 1,994 sq feet when measured on 24 Jul 2009. Using an estimated price of £553,142 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on WOBURN DRIVE is 153 sq meters (1,656 sq feet).