£230,928
This estimated value is based upon the latest sale price for the house of £137,963 on 28 Mar 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£137,963 | 28 Mar 2013 |
Semi-Detached |
Leasehold |
Floor Area: 75 sq meters or 807 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 March 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £137,963 results in an estimated price of approximately £230,928.
28 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.384 % | £137,963 | £92,965 | £230,928 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 121.292 % | £167,338 | £305,301 |
3 Month Average | 53.013 % | £73,137 | £211,100 |
6 Month Average | 51.786 % | £71,445 | £209,408 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £268,982 | £265,000 | 19 SWANAGE CLOSE |
6 Nov 2023 | £278,118 | £274,000 | 3 PURBECK DRIVE |
30 Jun 2023 | £230,796 | £228,000 | 6 BRAMLEY DRIVE |
16 Jun 2023 | £187,268 | £185,000 | 17 BRAMLEY DRIVE |
8 Jun 2023 | £296,289 | £292,700 | 4 ARUNDEL CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Sep 2012. Using an estimated price of £230,928 means this house is valued at £3,079 per sq meter (£286 per sq foot).
The average size of a house on PURBECK DRIVE is 85 sq meters (924 sq feet).