£114,053
This estimated value is based upon the latest sale price for the house of £66,000 on 28 Jan 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£66,000 | 28 Jan 2011 |
£52,434 | 23 Jan 2009 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 917 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 January 2011 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £66,000 results in an estimated price of approximately £114,053.
28 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.808 % | £66,000 | £48,053 | £114,053 |
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 | 134.867 % | £89,012 | £155,012 |
3 Month Average | 86.334 % | £56,980 | £122,980 |
6 Month Average | 89.281 % | £58,925 | £124,925 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £206,000 | £206,000 | 90 ROSEBANK ROAD |
20 Dec 2023 | £196,023 | £190,000 | 183 BRISCOE LANE |
24 Apr 2023 | £88,658 | £87,000 | 82 SURBITON ROAD |
9 Nov 2022 | £194,092 | £195,000 | 2 LEWISHAM AVENUE |
10 Jun 2022 | £205,390 | £201,000 | 193 BRISCOE LANE |
This house has a floor area of 85 sq meters or 917 sq feet when measured on 4 Oct 2010. Using an estimated price of £114,054 means this house is valued at £1,338 per sq meter (£124 per sq foot).
The average size of a house on EDGWARE ROAD is 98 sq meters (1,057 sq feet).