£151,449
This estimated value is based upon the latest sale price for the house of £122,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £122,000 | 9 Nov 2018 |
| £75,000 | 25 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 November 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £122,000 results in an estimated price of approximately £151,449.
| 9 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £122,000 | £29,449 | £151,449 |
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 | 55.247 % | £67,400 | £189,400 |
| 3 Month Average | 28.601 % | £34,893 | £156,893 |
| 6 Month Average | 43.516 % | £53,088 | £175,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £205,531 | £201,000 | 29 EASTWOOD ROAD |
| 30 Jun 2023 | £239,806 | £235,000 | 65 BELGRAVE ROAD |
| 28 Apr 2023 | £229,289 | £225,000 | 4 HAWTHORN ROAD |
| 13 Feb 2023 | £232,553 | £231,000 | 59 BELGRAVE ROAD |
| 20 Jan 2023 | £286,265 | £285,500 | 21 HAWTHORN ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 13 May 2018. Using an estimated price of £151,449 means this house is valued at £2,804 per sq meter (£260 per sq foot).
The average size of a house on EASTWOOD ROAD is 88 sq meters (950 sq feet).