£228,762
This estimated value is based upon the latest sale price for the house of £132,000 on 4 Mar 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £132,000 | 4 Mar 2011 |
| £138,000 | 17 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 726 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 March 2011 the House Price Index for GREATER MANCHESTER was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £132,000 results in an estimated price of approximately £228,762.
| 4 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £132,000 | £96,762 | £228,762 |
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 | 81.288 % | £107,300 | £239,300 |
| 3 Month Average | 88.630 % | £116,991 | £248,991 |
| 6 Month Average | 67.544 % | £89,158 | £221,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £337,367 | £327,000 | 1 RADBOURNE GROVE |
| 3 Oct 2023 | £358,134 | £350,000 | 14 CRANBERRY DRIVE |
| 9 Aug 2023 | £178,214 | £175,000 | 55 CRANBERRY DRIVE |
| 23 Sep 2022 | £203,864 | £204,000 | 37 CRANBERRY DRIVE |
| 24 Jun 2022 | £219,696 | £215,000 | 43 CRANBERRY DRIVE |
This house has a floor area of 67 sq meters or 726 sq feet when measured on 13 Oct 2010. Using an estimated price of £228,763 means this house is valued at £3,391 per sq meter (£315 per sq foot).
The average size of a house on CRANBERRY DRIVE is 86 sq meters (928 sq feet).