£217,988
This estimated value is based upon the latest sale price for the house of £44,000 on 27 Oct 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £44,000 | 27 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 October 1997 the House Price Index for GREATER MANCHESTER was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £44,000 results in an estimated price of approximately £217,988.
| 27 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £44,000 | £173,988 | £217,988 |
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 | 1415.326 % | £622,743 | £666,743 |
| 3 Month Average | 586.503 % | £258,061 | £302,061 |
| 6 Month Average | 538.819 % | £237,080 | £281,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £243,607 | £240,000 | 10 KENMERE GROVE |
| 18 Aug 2023 | £234,048 | £232,000 | 9 KENMERE GROVE |
| 17 Jul 2023 | £207,797 | £205,000 | 3 WOODVILLE TERRACE |
| 27 Jan 2023 | £200,058 | £201,000 | 10 GAINFORD GARDENS |
| 26 Aug 2022 | £209,436 | £210,000 | 14 ENVILLE ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 8 May 2015. Using an estimated price of £217,988 means this house is valued at £2,158 per sq meter (£200 per sq foot).
The average size of a house on INCHFIELD ROAD is 97 sq meters (1,050 sq feet).