£159,506
This estimated value is based upon the latest sale price for the house of £110,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£110,000 | 24 Jul 2015 |
£52,750 | 12 May 1999 |
Terraced |
Leasehold |
Floor Area: 58 sq meters or 624 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 July 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £110,000 results in an estimated price of approximately £159,506.
24 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £110,000 | £49,506 | £159,506 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 51.401 % | £56,541 | £166,541 |
3 Month Average | 50.633 % | £55,696 | £165,696 |
6 Month Average | 55.918 % | £61,510 | £171,510 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £189,299 | £185,000 | 30 EASTWOOD CLOSE |
5 Sep 2022 | £189,873 | £190,000 | 18 EASTWOOD CLOSE |
19 Jul 2022 | £161,619 | £160,000 | 55 EASTWOOD CLOSE |
21 Feb 2022 | £169,033 | £160,000 | 58 EASTWOOD CLOSE |
2 Sep 2021 | £149,266 | £137,500 | 39 EASTWOOD CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 23 Sep 2014. Using an estimated price of £159,507 means this house is valued at £2,750 per sq meter (£255 per sq foot).
The average size of a house on EASTWOOD CLOSE is 67 sq meters (728 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caterham Avenue |