£125,123
This estimated value is based upon the latest sale price for the house of £72,450 on 6 May 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£72,450 | 6 May 2011 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,055 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 May 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £72,450 results in an estimated price of approximately £125,123.
6 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.704 % | £72,450 | £52,673 | £125,123 |
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 | 310.044 % | £224,626 | £297,076 |
3 Month Average | 92.451 % | £66,981 | £139,431 |
6 Month Average | 78.830 % | £57,112 | £129,562 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £216,772 | £214,000 | 6 KINVER ROAD |
18 Aug 2023 | £216,897 | £215,000 | 16 KINVER ROAD |
11 Aug 2023 | £166,456 | £165,000 | 5 WELLHOUSE DRIVE |
19 Jul 2023 | £710 | £700 | 15 NINA DRIVE |
17 Feb 2023 | £164,889 | £165,000 | 88 NINA DRIVE |
This house has a floor area of 98 sq meters or 1,055 sq feet when measured on 7 Apr 2010. Using an estimated price of £125,124 means this house is valued at £1,276 per sq meter (£118 per sq foot).
There is one other house on the street which we know the size of, this is 1 TANGMERE CLOSE it is 115.0