£868
This estimated value is based upon the latest sale price for the house of £800 on 1 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£800 | 1 Sep 2021 |
£130,000 | 22 Jun 2005 |
Freehold |
Floor Area: 93 sq meters or 1,001 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 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £800 results in an estimated price of approximately £868.
1 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £800 | £68 | £868 |
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 | 58.507 % | £468 | £1,268 |
3 Month Average | 32.825 % | £262 | £1,062 |
6 Month Average | 23.159 % | £185 | £985 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Apr 2024 | £206,796 | £205,000 | 78 NINA DRIVE |
17 Feb 2023 | £166,110 | £165,000 | 88 NINA DRIVE |
15 Feb 2023 | £251,681 | £250,000 | 15 CARVILLE ROAD |
5 Jan 2023 | £241,646 | £241,000 | 11 CAEN AVENUE |
30 May 2022 | £282,356 | £275,000 | 2 CAEN AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Jun 2014. Using an estimated price of £868 means this house is valued at £9 per sq meter (£0 per sq foot).
The average size of a house on NINA DRIVE is 89 sq meters (966 sq feet).