£242,111
This estimated value is based upon the latest sale price for the house of £179,950 on 29 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£179,950 | 29 Jun 2016 |
£138,000 | 31 Oct 2012 |
£149,950 | 7 Jul 2005 |
£79,000 | 18 Feb 2002 |
£50,500 | 9 Aug 2000 |
Terraced |
Freehold |
Floor Area: 158 sq meters or 1,700 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 June 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £179,950 results in an estimated price of approximately £242,111.
29 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £179,950 | £62,161 | £242,111 |
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 | 56.725 % | £102,076 | £282,026 |
3 Month Average | 78.140 % | £140,612 | £320,562 |
6 Month Average | 89.983 % | £161,925 | £341,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £245,000 | £245,000 | 37 BELGRAVE ROAD |
12 Oct 2023 | £235,345 | £230,000 | 73 MOSTON LANE EAST |
29 Aug 2023 | £218,949 | £215,000 | 69 MOSTON LANE EAST |
30 Jun 2023 | £239,806 | £235,000 | 65 BELGRAVE ROAD |
22 Jun 2023 | £130,618 | £128,000 | 80 MOSTON LANE EAST |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 30 May 2014. Using an estimated price of £242,111 means this house is valued at £1,532 per sq meter (£142 per sq foot).
The average size of a house on BELGRAVE ROAD is 110 sq meters (1,191 sq feet).