£739,663
This estimated value is based upon the latest sale price for the house of £450,000 on 17 Jul 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£450,000 | 17 Jul 2008 |
£250,000 | 31 Jul 2002 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,668 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 2008 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £450,000 results in an estimated price of approximately £739,663.
17 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.370 % | £450,000 | £289,663 | £739,663 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | -14.825 % | £-66,713 | £383,286 |
3 Month Average | 48.089 % | £216,399 | £666,399 |
6 Month Average | 63.439 % | £285,476 | £735,476 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £607,771 | £600,000 | 28 THURLESTONE ROAD |
29 Jul 2022 | £601,619 | £600,000 | 4 CHEVITHORNE CLOSE |
11 Feb 2022 | £697,382 | £665,000 | 10 HENDHAM DRIVE |
19 Nov 2021 | £632,686 | £585,000 | 3 ROACHILL CLOSE |
18 Dec 2020 | £447,608 | £390,000 | 23 PENNYMOOR DRIVE |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 31 Mar 2015. Using an estimated price of £739,664 means this house is valued at £4,772 per sq meter (£443 per sq foot).
There is one other house on the street which we know the size of, this is 3 ROACHILL CLOSE it is 156.88