£137,989
This estimated value is based upon the latest sale price for the house of £58,500 on 27 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£58,500 | 27 Jun 2003 |
£31,500 | 20 Apr 2001 |
Semi-Detached |
Leasehold |
Floor Area: 56 sq meters or 602 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 June 2003 the House Price Index for GREATER MANCHESTER was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £58,500 results in an estimated price of approximately £137,989.
27 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 148.6 | 135.879 % | £58,500 | £79,489 | £137,989 |
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 | 817.021 % | £477,957 | £536,457 |
3 Month Average | 410.192 % | £239,962 | £298,462 |
6 Month Average | 356.328 % | £208,451 | £266,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2022 | £157,576 | £158,000 | 24 HIGH PEAK STREET |
25 Mar 2022 | £77,720 | £75,000 | APARTMENT 9 59 IVY GRAHAM CLOSE |
4 Dec 2020 | £201,998 | £176,000 | 11 IVY GRAHAM CLOSE |
16 Nov 2020 | £197,090 | £170,000 | 4 IVY GRAHAM CLOSE |
14 Jul 2020 | £193,472 | £160,000 | 77 IVY GRAHAM CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 2 Apr 2019. Using an estimated price of £137,989 means this house is valued at £2,464 per sq meter (£228 per sq foot).
The average size of a house on COLCLOUGH CLOSE is 76 sq meters (822 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).