£46,943
This estimated value is based upon the latest sale price for the house of £38,000 on 7 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £38,000 | 7 Jan 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 January 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £38,000 results in an estimated price of approximately £46,943.
| 7 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £38,000 | £8,943 | £46,943 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 100.925 % | £38,351 | £76,351 |
| 3 Month Average | 28.957 % | £11,003 | £49,003 |
| 6 Month Average | 27.611 % | £10,492 | £48,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £86,277 | £85,000 | 11 CASTLE GROVE |
| 1 Nov 2023 | £131,954 | £130,000 | 26 CARISBROOKE ROAD |
| 4 Aug 2023 | £58,512 | £58,000 | 3 TOWER GROVE |
| 28 Apr 2023 | £247,667 | £245,000 | 2 MORT CLOSE |
| 22 Jul 2022 | £115,310 | £115,000 | 14 IMPERIAL DRIVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 9 Aug 2018. Using an estimated price of £46,943 means this house is valued at £823 per sq meter (£76 per sq foot).
The average size of a house on CORONATION DRIVE is 88 sq meters (948 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).