£281,196
This estimated value is based upon the latest sale price for the house of £209,000 on 30 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 |
|---|---|
| £209,000 | 30 Jun 2016 |
| £148,000 | 23 Mar 2012 |
| £106,000 | 12 Oct 2001 |
| £92,000 | 26 Nov 1999 |
| Detached |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 £209,000 results in an estimated price of approximately £281,196.
| 30 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £209,000 | £72,196 | £281,196 |
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 | 40.372 % | £84,376 | £293,376 |
| 3 Month Average | 49.538 % | £103,534 | £312,534 |
| 6 Month Average | 53.625 % | £112,075 | £321,075 |
| 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 91 sq meters or 979 sq feet when measured on 9 Jun 2015. Using an estimated price of £281,196 means this house is valued at £3,090 per sq meter (£287 per sq foot).
The average size of a house on CRANBERRY DRIVE is 86 sq meters (928 sq feet).