£169,208
This estimated value is based upon the latest sale price for the house of £170,000 on 30 Nov 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 30 Nov 2022 |
| £93,000 | 5 Dec 2003 |
| £47,950 | 12 Apr 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 2022 the House Price Index for GREATER MANCHESTER was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £170,000 results in an estimated price of approximately £169,208.
| 30 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £170,000 | £-791 | £169,208 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 35.815 % | £60,886 | £230,886 |
| 3 Month Average | 25.568 % | £43,465 | £213,465 |
| 6 Month Average | 8.307 % | £14,122 | £184,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £268,484 | £264,000 | 24 RENFREW DRIVE |
| 17 Mar 2023 | £174,921 | £172,000 | 19 STONEHAVEN |
| 30 Nov 2022 | £169,209 | £170,000 | 11 KNIGHTSWOOD |
| 21 Oct 2022 | £171,422 | £171,995 | 15 STONEHAVEN |
| 2 Feb 2022 | £317,994 | £301,000 | 33 KNIGHTSWOOD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 1 Jul 2015. Using an estimated price of £169,209 means this house is valued at £3,076 per sq meter (£285 per sq foot).
The average size of a house on KNIGHTSWOOD is 103 sq meters (1,116 sq feet).