£95,763
This estimated value is based upon the latest sale price for the house of £75,000 on 5 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 5 Sep 2017 |
| £65,000 | 6 Jul 2015 |
| Terraced |
| Freehold |
| 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 September 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £75,000 results in an estimated price of approximately £95,763.
| 5 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £75,000 | £20,763 | £95,763 |
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 | 50.770 % | £38,077 | £113,077 |
| 3 Month Average | 61.990 % | £46,492 | £121,492 |
| 6 Month Average | 65.529 % | £49,146 | £124,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £111,868 | £110,000 | 12 GRAVER LANE |
| 24 Feb 2023 | £177,184 | £176,000 | 14 MARGUERITA ROAD |
| 22 Aug 2022 | £185,869 | £185,000 | 24 GRAVER LANE |
| 24 Jun 2022 | £240,133 | £235,000 | 66 GRAVER LANE |
| 18 May 2022 | £154,012 | £150,000 | 309 DROYLSDEN ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Jun 2015. Using an estimated price of £95,764 means this house is valued at £1,276 per sq meter (£118 per sq foot).
The average size of a house on GRAVER LANE is 93 sq meters (1,008 sq feet).