£431,848
This estimated value is based upon the latest sale price for the house of £249,950 on 17 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£249,950 | 17 Feb 2012 |
Detached |
Leasehold |
Floor Area: 154 sq meters or 1,660 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 February 2012 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 72.774%.Applying this 72.774% change to the original purchase price of £249,950 results in an estimated price of approximately £431,848.
17 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £249,950 | £181,898 | £431,848 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 50.385 % | £125,937 | £375,887 |
3 Month Average | 64.831 % | £162,044 | £411,994 |
6 Month Average | 66.995 % | £167,455 | £417,405 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2022 | £393,410 | £385,000 | 5 WENDOVER DRIVE |
28 Mar 2022 | £326,229 | £312,500 | 4 CHESTERTON DRIVE |
11 Feb 2022 | £333,576 | £315,750 | 15 ELGOL DRIVE |
17 Dec 2021 | £210,465 | £195,000 | 11 CROSSHILL WALK |
1 Dec 2021 | £302,206 | £280,000 | 14 CHESTERTON DRIVE |
This house has a floor area of 154 sq meters or 1,660 sq feet when measured on 16 Feb 2010. Using an estimated price of £431,849 means this house is valued at £2,799 per sq meter (£260 per sq foot).
The average size of a house on WENDOVER DRIVE is 171 sq meters (1,850 sq feet).
This house is the largest in the street with a floor area of 154 sq meters (1,660 sq feet).