£210,776
This estimated value is based upon the latest sale price for the house of £175,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 27 Mar 2020 |
| £126,000 | 13 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 March 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £175,000 results in an estimated price of approximately £210,776.
| 27 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £175,000 | £35,776 | £210,776 |
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 | 141.072 % | £246,876 | £421,876 |
| 3 Month Average | 56.330 % | £98,578 | £273,578 |
| 6 Month Average | 29.313 % | £51,298 | £226,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £319,734 | £315,000 | 30 WEST AVENUE |
| 16 Nov 2023 | £210,111 | £207,000 | 28 WOODSTOCK ROAD |
| 20 Sep 2023 | £268,432 | £265,000 | 8 WEST AVENUE |
| 17 Jul 2023 | £243,274 | £240,000 | 113 THE FAIRWAY |
| 2 Jun 2023 | £263,188 | £260,000 | 110 THE FAIRWAY |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Nov 2018. Using an estimated price of £210,776 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on THE FAIRWAY is 79 sq meters (853 sq feet).