£119,185
This estimated value is based upon the latest sale price for the house of £72,000 on 18 Dec 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £72,000 | 18 Dec 2006 |
| £19,950 | 12 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 869 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 December 2006 the House Price Index for GREATER MANCHESTER was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £72,000 results in an estimated price of approximately £119,185.
| 18 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £72,000 | £47,185 | £119,185 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 117.713 % | £84,753 | £156,753 |
| 3 Month Average | 44.868 % | £32,304 | £104,304 |
| 6 Month Average | 49.659 % | £35,754 | £107,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £141,910 | £140,000 | 10 CULLEN GROVE |
| 30 Jun 2023 | £137,668 | £136,000 | 5 LINDSIDE WALK |
| 3 Mar 2023 | £100,951 | £100,000 | 52 BENMORE ROAD |
| 28 Feb 2023 | £259,825 | £260,000 | 16 HORSE CHESTNUT DRIVE |
| 31 Aug 2022 | £299,195 | £300,000 | 10 HORSE CHESTNUT DRIVE |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 26 Jul 2010. Using an estimated price of £119,186 means this house is valued at £1,475 per sq meter (£137 per sq foot).