£145,541
This estimated value is based upon the latest sale price for the house of £117,000 on 5 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £117,000 | 5 Jun 2018 |
| Semi-Detached |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £117,000 results in an estimated price of approximately £145,541.
| 5 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £117,000 | £28,541 | £145,541 |
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 | 257.793 % | £301,618 | £418,618 |
| 3 Month Average | 53.042 % | £62,058 | £179,058 |
| 6 Month Average | 43.282 % | £50,639 | £167,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £185,119 | £183,500 | 26 CARNOUSTIE CLOSE |
| 5 Jul 2023 | £172,319 | £170,000 | 16 CARNOUSTIE CLOSE |
| 27 Apr 2023 | £195,101 | £193,000 | 199 THE FAIRWAY |
| 24 Mar 2023 | £157,484 | £156,000 | 11 CARNOUSTIE CLOSE |
| 28 Nov 2022 | £172,906 | £175,000 | 30 CARNOUSTIE CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 28 Nov 2017. Using an estimated price of £145,541 means this house is valued at £2,274 per sq meter (£211 per sq foot).
The average size of a house on THE FAIRWAY is 79 sq meters (853 sq feet).