£111,056
This estimated value is based upon the latest sale price for the house of £88,000 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £88,000 | 31 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £88,000 results in an estimated price of approximately £111,056.
| 31 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £88,000 | £23,056 | £111,056 |
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 | 227.469 % | £200,173 | £288,173 |
| 3 Month Average | 101.118 % | £88,984 | £176,984 |
| 6 Month Average | 67.160 % | £59,100 | £147,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £76,764 | £75,421 | 438 LIGHTBOWNE ROAD |
| 30 Jun 2023 | £167,529 | £165,500 | 5 RUSHBERRY AVENUE |
| 3 Mar 2023 | £185,750 | £184,000 | 27 BRANSTON ROAD |
| 15 Nov 2022 | £123,504 | £125,000 | 31 KIRKSTONE ROAD |
| 5 Aug 2022 | £237,361 | £238,000 | 2 RUSHBERRY AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Sep 2017. Using an estimated price of £111,056 means this house is valued at £1,609 per sq meter (£149 per sq foot).
The average size of a house on KIRKSTONE ROAD is 88 sq meters (948 sq feet).