£151,077
This estimated value is based upon the latest sale price for the house of £112,500 on 12 May 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£112,500 | 12 May 2016 |
£115,000 | 14 Dec 2009 |
Terraced |
Leasehold |
Floor Area: 72 sq meters or 775 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 May 2016 the House Price Index for GREATER MANCHESTER was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £112,500 results in an estimated price of approximately £151,077.
12 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £112,500 | £38,577 | £151,077 |
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 | 330.255 % | £371,536 | £484,036 |
3 Month Average | 117.505 % | £132,193 | £244,693 |
6 Month Average | 77.401 % | £87,075 | £199,575 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £108,460 | £107,000 | 12 BEECHDALE CLOSE |
26 Jan 2023 | £109,484 | £110,000 | 8 BEECHDALE CLOSE |
26 Aug 2022 | £189,490 | £190,000 | 72 ABBEYDALE ROAD |
6 Dec 2021 | £203,562 | £190,000 | 78 ABBEYDALE ROAD |
30 Sep 2021 | £140,087 | £130,000 | 65 ABBEYDALE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 26 Jun 2015. Using an estimated price of £151,078 means this house is valued at £2,098 per sq meter (£194 per sq foot).
The average size of a house on ABBEYDALE ROAD is 72 sq meters (784 sq feet).