£101,718
This estimated value is based upon the latest sale price for the house of £60,000 on 30 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £60,000 | 30 Jul 2012 |
| £38,000 | 4 Jul 2003 |
| £31,000 | 12 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 July 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.531%.Applying this 69.531% change to the original purchase price of £60,000 results in an estimated price of approximately £101,718.
| 30 Jul 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.0 | 69.531 % | £60,000 | £41,718 | £101,718 |
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 | 361.692 % | £217,015 | £277,015 |
| 3 Month Average | 101.394 % | £60,836 | £120,836 |
| 6 Month Average | 80.787 % | £48,472 | £108,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £193,664 | £190,000 | 183 BRISCOE LANE |
| 20 Jul 2023 | £195,876 | £194,023 | 62 ASCOT ROAD |
| 3 Jul 2023 | £146,385 | £145,000 | 14 FIELDFARE AVENUE |
| 26 Jan 2023 | £198,259 | £200,000 | 9 ASCOT ROAD |
| 9 Nov 2022 | £191,888 | £195,000 | 2 LEWISHAM AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Oct 2012. Using an estimated price of £101,718 means this house is valued at £1,304 per sq meter (£121 per sq foot).
The average size of a house on ROSE BANK ROAD is 100 sq meters (1,085 sq feet).