£34,889
This estimated value is based upon the latest sale price for the house of £9,500 on 15 Sep 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £9,500 | 15 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2000 the House Price Index for GREATER MANCHESTER was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £9,500 results in an estimated price of approximately £34,889.
| 15 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £9,500 | £25,389 | £34,889 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 561.563 % | £53,348 | £62,848 |
| 3 Month Average | 805.203 % | £76,494 | £85,994 |
| 6 Month Average | 1060.030 % | £100,702 | £110,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £240,000 | £240,000 | 311 NORTH ROAD |
| 13 Dec 2023 | £193,384 | £190,000 | 2 LINGFIELD ROAD |
| 30 Jun 2023 | £177,146 | £175,000 | 36 NORTH ROAD |
| 24 Mar 2023 | £111,046 | £110,000 | 76 LINGFIELD ROAD |
| 17 Feb 2023 | £184,876 | £185,000 | 3 GLENEAGLES AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 May 2014. Using an estimated price of £34,890 means this house is valued at £477 per sq meter (£44 per sq foot).
There is one other house on the street which we know the size of, this is 1 SELHURST AVENUE it is 69.0