£223,808
This estimated value is based upon the latest sale price for the house of £132,500 on 26 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£132,500 | 26 Oct 2006 |
£43,500 | 26 Nov 1998 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 October 2006 the House Price Index for GREATER MANCHESTER was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £132,500 results in an estimated price of approximately £223,808.
26 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.912 % | £132,500 | £91,308 | £223,808 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 109.580 % | £145,192 | £277,692 |
3 Month Average | 85.899 % | £113,815 | £246,315 |
6 Month Average | 83.357 % | £110,447 | £242,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £220,673 | £218,000 | 100 THORNSGREEN ROAD |
20 Oct 2022 | £242,390 | £245,000 | 65 THORNSGREEN ROAD |
12 Aug 2022 | £204,450 | £205,000 | 4 LAMBOURNE CLOSE |
12 Aug 2022 | £236,862 | £237,500 | 10 HAZELWOOD ROAD |
15 Jul 2022 | £225,607 | £225,000 | 35 RAVENSCAR CRESCENT |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 7 Apr 2014. Using an estimated price of £223,809 means this house is valued at £1,963 per sq meter (£182 per sq foot).
The average size of a house on RAVENSCAR CRESCENT is 80 sq meters (861 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).