£358,299
This estimated value is based upon the latest sale price for the house of £332,500 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£332,500 | 27 Sep 2021 |
£150,000 | 14 Oct 2020 |
Detached |
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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £332,500 results in an estimated price of approximately £358,299.
27 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £332,500 | £25,799 | £358,299 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 24.176 % | £80,386 | £412,886 |
3 Month Average | 2.094 % | £6,961 | £339,461 |
6 Month Average | -8.314 % | £-27,643 | £304,856 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £251,727 | £248,000 | 20 ABBEY DRIVE |
13 Nov 2023 | £253,757 | £250,000 | 57 FIELDHEAD AVENUE |
27 Jun 2023 | £344,169 | £340,000 | 8 BLACKROD DRIVE |
28 Apr 2023 | £293,156 | £290,000 | 74 GREENHILL ROAD |
27 Jan 2023 | £367,270 | £369,000 | 4 ANDERTON CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Jun 2021. Using an estimated price of £358,300 means this house is valued at £4,976 per sq meter (£462 per sq foot).
The average size of a house on ABBEY DRIVE is 98 sq meters (1,054 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ainsworth Road |