£355,669
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for CHESHIRE 1
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Price Paid | Date |
---|---|
£290,000 | 28 Nov 2019 |
£130,950 | 24 Mar 2000 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 November 2019 the House Price Index for CHESHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £290,000 results in an estimated price of approximately £355,669.
28 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £290,000 | £65,669 | £355,669 |
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 | -1.334 % | £-3,868 | £286,131 |
3 Month Average | 15.561 % | £45,126 | £335,126 |
6 Month Average | 14.332 % | £41,561 | £331,561 |
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 |
7 Oct 2022 | £143,455 | £145,000 | MYRTLE COTTAGE READES LANE |
17 Mar 2022 | £440,411 | £425,000 | CRAIG HOUSE READES LANE |
12 Nov 2021 | £448,828 | £415,000 | 14 WOBURN DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 28 Oct 2019. Using an estimated price of £355,669 means this house is valued at £2,963 per sq meter (£275 per sq foot).
The average size of a house on RYEDALE WAY is 174 sq meters (1,881 sq feet).