£278,660
This estimated value is based upon the latest sale price for the house of £227,000 on 23 Apr 2020. 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 |
|---|---|
| £227,000 | 23 Apr 2020 |
| Semi-Detached |
| Leasehold |
| 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 April 2020 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £227,000 results in an estimated price of approximately £278,660.
| 23 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £227,000 | £51,660 | £278,660 |
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 | 1.926 % | £4,372 | £231,372 |
| 3 Month Average | 21.962 % | £49,853 | £276,853 |
| 6 Month Average | 28.579 % | £64,874 | £291,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £297,604 | £295,000 | 15 LAKELANDS DRIVE |
| 7 Jul 2023 | £275,711 | £272,000 | 8 FARLAND PLACE |
| 28 Feb 2023 | £351,763 | £352,000 | 12 THE WALKWAY |
| 25 Mar 2022 | £381,345 | £368,000 | 7 LAKELANDS DRIVE |
| 21 Jan 2022 | £336,771 | £320,000 | 5 THE WALKWAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 4 Dec 2019. Using an estimated price of £278,660 means this house is valued at £2,996 per sq meter (£278 per sq foot).
There is one other house on the street which we know the size of, this is 12 FARLAND PLACE it is 170.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cambourne Drive |