£159,538
This estimated value is based upon the latest sale price for the house of £135,000 on 19 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£135,000 | 19 Oct 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £135,000 results in an estimated price of approximately £159,538.
19 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £135,000 | £24,538 | £159,538 |
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 | -3.824 % | £-5,162 | £129,837 |
3 Month Average | 8.696 % | £11,739 | £146,739 |
6 Month Average | 29.573 % | £39,923 | £174,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £178,579 | £175,000 | 45 MARLEYER CLOSE |
6 Jun 2023 | £265,317 | £260,000 | 37 MARLEYER CLOSE |
8 Mar 2023 | £126,106 | £124,000 | 12 MARLEYER CLOSE |
23 Sep 2022 | £424,716 | £425,000 | 16 BOAR GREEN CLOSE |
2 Sep 2022 | £138,408 | £138,500 | 34 DRESDEN STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 18 Mar 2020. Using an estimated price of £159,539 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on MARLEYER CLOSE is 67 sq meters (726 sq feet).