£120,979
This estimated value is based upon the latest sale price for the house of £68,500 on 17 Mar 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£68,500 | 17 Mar 2006 |
£48,950 | 28 Sep 2004 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2006 the House Price Index for GREATER MANCHESTER was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £68,500 results in an estimated price of approximately £120,979.
17 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 148.6 | 76.613 % | £68,500 | £52,479 | £120,979 |
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 | 417.290 % | £285,843 | £354,343 |
3 Month Average | 137.904 % | £94,464 | £162,964 |
6 Month Average | 113.928 % | £78,040 | £146,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £121,803 | £120,000 | 33 CULCHETH LANE |
24 Aug 2023 | £221,942 | £220,000 | 46 CULCHETH LANE |
31 Mar 2023 | £222,092 | £220,000 | 8 FRANK BIRCHALL CLOSE |
27 May 2022 | £203,836 | £199,995 | 28 CULCHETH LANE |
18 Feb 2022 | £207,642 | £198,000 | 30 CULCHETH LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 17 Aug 2012. Using an estimated price of £120,980 means this house is valued at £1,234 per sq meter (£114 per sq foot).
The average size of a house on CULCHETH LANE is 97 sq meters (1,045 sq feet).