£226,294
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £210,000 | 30 Sep 2021 |
| £118,000 | 7 Nov 2008 |
| £78,000 | 18 Jul 2002 |
| £47,000 | 16 May 1996 |
| Detached |
| Leasehold |
| 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £210,000 results in an estimated price of approximately £226,294.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £210,000 | £16,294 | £226,294 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | -48.874 % | £-102,635 | £107,364 |
| 3 Month Average | -18.410 % | £-38,661 | £171,338 |
| 6 Month Average | -7.320 % | £-15,371 | £194,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £218,231 | £215,000 | 100 TETBURY DRIVE |
| 15 Nov 2023 | £172,555 | £170,000 | 84 TETBURY DRIVE |
| 22 Feb 2023 | £155,395 | £155,500 | 105 TETBURY DRIVE |
| 2 Nov 2022 | £197,606 | £200,000 | 141 TETBURY DRIVE |
| 11 Jul 2022 | £170,459 | £170,000 | 9 TETBURY DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 Jul 2021. Using an estimated price of £226,294 means this house is valued at £3,187 per sq meter (£296 per sq foot).
The average size of a house on TETBURY DRIVE is 75 sq meters (816 sq feet).