£221,425
This estimated value is based upon the latest sale price for the house of £59,000 on 23 Jun 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £59,000 | 23 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 June 2000 the House Price Index for GREATER MANCHESTER was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £59,000 results in an estimated price of approximately £221,425.
| 23 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.6 | 275.298 % | £59,000 | £162,425 | £221,425 |
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 | 1465.960 % | £864,916 | £923,916 |
| 3 Month Average | 622.590 % | £367,328 | £426,328 |
| 6 Month Average | 507.461 % | £299,401 | £358,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £203,603 | £201,000 | 29 EASTWOOD ROAD |
| 21 Jul 2023 | £167,251 | £165,000 | 11 EASTWOOD ROAD |
| 13 Jul 2023 | £309,161 | £305,000 | 42 WATERS EDGE |
| 30 Jun 2023 | £237,881 | £235,000 | 65 BELGRAVE ROAD |
| 13 Feb 2023 | £230,845 | £231,000 | 59 BELGRAVE ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 21 Jan 2015. Using an estimated price of £221,426 means this house is valued at £1,690 per sq meter (£157 per sq foot).
The average size of a house on BELGRAVE ROAD is 110 sq meters (1,191 sq feet).