£337,729
This estimated value is based upon the latest sale price for the house of £269,500 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£269,500 | 2 Mar 2018 |
£230,000 | 24 Sep 2013 |
£241,000 | 3 Jul 2006 |
£102,000 | 22 Dec 1998 |
Detached |
Leasehold |
Floor Area: 111 sq meters or 1,203 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 March 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £269,500 results in an estimated price of approximately £337,729.
2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £269,500 | £68,229 | £337,729 |
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 | 10.150 % | £27,353 | £296,853 |
3 Month Average | 38.984 % | £105,062 | £374,562 |
6 Month Average | 46.155 % | £124,387 | £393,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jul 2022 | £381,026 | £380,000 | 28 SONNING DRIVE |
20 Jul 2022 | £230,621 | £230,000 | 11 CALVERLEIGH CLOSE |
13 Apr 2022 | £411,920 | £400,000 | 4 SONNING DRIVE |
16 Aug 2021 | £148,377 | £133,000 | 35 CALVERLEIGH CLOSE |
17 Dec 2020 | £175,600 | £153,000 | 15 CALVERLEIGH CLOSE |
This house has a floor area of 111 sq meters or 1,203 sq feet when measured on 19 Jan 2012. Using an estimated price of £337,729 means this house is valued at £3,020 per sq meter (£280 per sq foot).
The average size of a house on NEWSTEAD DRIVE is 140 sq meters (1,508 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Caterham Avenue |