£110,946
This estimated value is based upon the latest sale price for the house of £71,250 on 3 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £71,250 | 3 Apr 2014 |
| £51,500 | 19 Feb 2013 |
| £79,995 | 23 May 2008 |
| £64,000 | 9 Nov 2007 |
| £18,000 | 27 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £71,250 results in an estimated price of approximately £110,946.
| 3 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £71,250 | £39,696 | £110,946 |
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 | 356.243 % | £253,823 | £325,073 |
| 3 Month Average | 112.807 % | £80,374 | £151,624 |
| 6 Month Average | 83.819 % | £59,721 | £130,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £116,728 | £115,000 | 75 BLANDFORD DRIVE |
| 29 Aug 2023 | £156,368 | £155,000 | 2 BORLAND AVENUE |
| 5 Jul 2023 | £202,729 | £200,000 | 10 BORLAND AVENUE |
| 31 Mar 2023 | £191,807 | £190,000 | 116 NUTHURST ROAD |
| 17 Mar 2023 | £230,168 | £228,000 | 6 GREENWAYS |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 4 Sep 2012. Using an estimated price of £110,946 means this house is valued at £1,440 per sq meter (£133 per sq foot).
The average size of a house on SKIPTON AVENUE is 116 sq meters (1,248 sq feet).