£188,262
This estimated value is based upon the latest sale price for the house of £110,000 on 16 Dec 2010. This value is then adjusted by the current Official House Price Index for CHESHIRE EAST 1
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| Price Paid | Date |
|---|---|
| £110,000 | 16 Dec 2010 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 646 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 December 2010 the House Price Index for CHESHIRE EAST was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £110,000 results in an estimated price of approximately £188,262.
| 16 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £110,000 | £78,262 | £188,262 |
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 | 26.717 % | £29,389 | £139,389 |
| 3 Month Average | 45.399 % | £49,939 | £159,939 |
| 6 Month Average | 59.978 % | £65,975 | £175,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £175,063 | £172,000 | 20 ASHBY DRIVE |
| 15 Sep 2023 | £151,943 | £150,000 | 18 RUTLAND CLOSE |
| 11 Aug 2023 | £161,412 | £160,000 | 32 RUTLAND CLOSE |
| 8 Aug 2023 | £179,067 | £177,500 | 3 CHAUCER GROVE |
| 28 Jul 2023 | £319,297 | £315,000 | 82 HERON WAY |
This house has a floor area of 60 sq meters or 646 sq feet when measured on 19 Jan 2010. Using an estimated price of £188,263 means this house is valued at £3,132 per sq meter (£291 per sq foot).
The average size of a house on RUTLAND CLOSE is 63 sq meters (684 sq feet).