£315,015
This estimated value is based upon the latest sale price for the house of £255,000 on 30 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£255,000 | 30 Jan 2019 |
£204,995 | 12 Mar 2010 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,219 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 January 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £255,000 results in an estimated price of approximately £315,015.
30 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £255,000 | £60,015 | £315,015 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 43.475 % | £110,861 | £365,861 |
3 Month Average | 37.159 % | £94,755 | £349,755 |
6 Month Average | 32.241 % | £82,213 | £337,213 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2021 | £402,864 | £372,500 | 7 HOLTON WAY |
16 Oct 2020 | £175,962 | £150,000 | 17 NETHERWOOD GROVE |
3 Apr 2020 | £239,378 | £195,000 | 2 BIRBECK CLOSE |
7 Feb 2020 | £324,225 | £265,000 | 7 CROWTHER DRIVE |
6 Dec 2019 | £214,684 | £175,000 | 4 BURBANK CLOSE |
This house has a floor area of 113 sq meters or 1,219 sq feet when measured on 17 Aug 2009. Using an estimated price of £315,016 means this house is valued at £2,780 per sq meter (£258 per sq foot).
The average size of a house on CROWTHER DRIVE is 102 sq meters (1,105 sq feet).