£148,168
This estimated value is based upon the latest sale price for the house of £137,500 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £137,500 | 2 Sep 2021 |
| £79,950 | 23 May 2003 |
| £49,950 | 30 Mar 1999 |
| Detached |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £137,500 results in an estimated price of approximately £148,168.
| 2 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £137,500 | £10,668 | £148,168 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | -19.423 % | £-26,707 | £110,792 |
| 3 Month Average | 20.356 % | £27,989 | £165,489 |
| 6 Month Average | 26.529 % | £36,476 | £173,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2022 | £188,478 | £190,000 | 18 EASTWOOD CLOSE |
| 19 Jul 2022 | £160,432 | £160,000 | 55 EASTWOOD CLOSE |
| 21 Feb 2022 | £167,791 | £160,000 | 58 EASTWOOD CLOSE |
| 2 Sep 2021 | £148,169 | £137,500 | 39 EASTWOOD CLOSE |
| 16 Jul 2021 | £168,942 | £147,000 | 17 EASTWOOD CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Oct 2018. Using an estimated price of £148,169 means this house is valued at £2,178 per sq meter (£202 per sq foot).
The average size of a house on EASTWOOD CLOSE is 67 sq meters (728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Caterham Avenue |