£176,006
This estimated value is based upon the latest sale price for the house of £129,950 on 8 Apr 2016. This value is then adjusted by the current Official House Price Index for CHESHIRE EAST 1
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Price Paid | Date |
---|---|
£129,950 | 8 Apr 2016 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for CHESHIRE EAST to estimate the market value.
When this house was purchased in April 2016 the House Price Index for CHESHIRE EAST 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 £129,950 results in an estimated price of approximately £176,006.
8 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £129,950 | £46,056 | £176,006 |
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 % | £6,351 | £136,301 |
3 Month Average | 24.862 % | £32,308 | £162,258 |
6 Month Average | 25.873 % | £33,622 | £163,572 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £105,927 | £105,000 | 150 ROLLS AVENUE |
14 Apr 2023 | £151,633 | £150,000 | 29 WESTBOURNE AVENUE |
6 Mar 2023 | £171,617 | £170,000 | 17 WESTBOURNE AVENUE |
28 Feb 2023 | £124,916 | £125,000 | 8 SANDIWAY ROAD |
19 Aug 2022 | £109,705 | £110,000 | 156 ROLLS AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 Jul 2015. Using an estimated price of £176,006 means this house is valued at £2,588 per sq meter (£240 per sq foot).
The average size of a house on WESTBOURNE AVENUE is 69 sq meters (749 sq feet).