£141,812
This estimated value is based upon the latest sale price for the house of £106,500 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£106,500 | 29 Jul 2016 |
Semi-Detached |
Leasehold |
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 July 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £106,500 results in an estimated price of approximately £141,812.
29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £106,500 | £35,312 | £141,812 |
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 | 285.017 % | £303,543 | £410,043 |
3 Month Average | 84.084 % | £89,549 | £196,049 |
6 Month Average | 74.405 % | £79,241 | £185,741 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £116,015 | £115,000 | APARTMENT 38 261 VICTORIA AVENUE EAST |
19 Jul 2023 | £710 | £700 | 15 NINA DRIVE |
31 Jan 2023 | £106,498 | £107,000 | APARTMENT 34 261 VICTORIA AVENUE EAST |
5 Jan 2023 | £239,870 | £241,000 | 11 CAEN AVENUE |
8 Jul 2022 | £200,540 | £200,000 | 22 NINA DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 May 2013. Using an estimated price of £141,813 means this house is valued at £1,942 per sq meter (£180 per sq foot).
The average size of a house on NINA DRIVE is 89 sq meters (966 sq feet).