£93,946
This estimated value is based upon the latest sale price for the house of £78,000 on 23 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £78,000 | 23 Mar 2020 |
| £44,000 | 8 Dec 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 March 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £78,000 results in an estimated price of approximately £93,946.
| 23 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £78,000 | £15,946 | £93,946 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 40.685 % | £31,734 | £109,734 |
| 3 Month Average | 45.547 % | £35,526 | £113,526 |
| 6 Month Average | 13.722 % | £10,703 | £88,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £226,986 | £225,000 | 10 CARDRONA STREET |
| 21 Apr 2023 | £252,721 | £250,000 | 31 FALSHAW WAY |
| 28 Feb 2023 | £177,880 | £178,000 | 18 CARDRONA STREET |
| 28 Feb 2023 | £177,880 | £178,000 | 16 CARDRONA STREET |
| 16 Dec 2021 | £208,919 | £195,000 | 20 FALSHAW WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Dec 2019. Using an estimated price of £93,946 means this house is valued at £1,491 per sq meter (£138 per sq foot).