£147,158
This estimated value is based upon the latest sale price for the house of £120,000 on 14 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 14 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in October 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £120,000 results in an estimated price of approximately £147,158.
| 14 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £120,000 | £27,158 | £147,158 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 257.569 % | £309,082 | £429,082 |
| 3 Month Average | 50.842 % | £61,009 | £181,009 |
| 6 Month Average | 30.598 % | £36,717 | £156,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £76,764 | £75,421 | 438 LIGHTBOWNE ROAD |
| 30 Jun 2023 | £167,529 | £165,500 | 5 RUSHBERRY AVENUE |
| 21 Apr 2023 | £174,378 | £172,500 | 2 ST MARGARETS ROAD |
| 3 Mar 2023 | £185,750 | £184,000 | 27 BRANSTON ROAD |
| 15 Nov 2022 | £123,504 | £125,000 | 31 KIRKSTONE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 4 Sep 2019. Using an estimated price of £147,159 means this house is valued at £2,132 per sq meter (£198 per sq foot).
There is one other house on the street which we know the size of, this is 16 DENMORE ROAD it is 91.1