£164,994
This estimated value is based upon the latest sale price for the house of £97,500 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £97,500 | 30 Nov 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 November 2012 the House Price Index for GREATER MANCHESTER was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £97,500 results in an estimated price of approximately £164,994.
| 30 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £97,500 | £67,494 | £164,994 |
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 | 353.331 % | £344,497 | £441,997 |
| 3 Month Average | 91.894 % | £89,596 | £187,096 |
| 6 Month Average | 65.739 % | £64,095 | £161,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £187,642 | £186,000 | 15 RISHWORTH DRIVE |
| 10 Feb 2023 | £690 | £690 | 2 RISHWORTH DRIVE |
| 24 Jan 2023 | £241,363 | £242,500 | 38 RISHWORTH DRIVE |
| 8 Jul 2022 | £191,516 | £191,000 | 36 RISHWORTH DRIVE |
| 1 Jul 2022 | £275,742 | £275,000 | 15 ONSLOW AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 7 Jun 2012. Using an estimated price of £164,995 means this house is valued at £2,499 per sq meter (£232 per sq foot).
The average size of a house on RISHWORTH DRIVE is 85 sq meters (918 sq feet).