£307,189
This estimated value is based upon the latest sale price for the house of £237,995 on 29 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£237,995 | 29 Jun 2017 |
Detached |
Leasehold |
Floor Area: 118 sq meters or 1,270 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 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £237,995 results in an estimated price of approximately £307,189.
29 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £237,995 | £69,194 | £307,189 |
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 | 33.074 % | £78,715 | £316,710 |
3 Month Average | 43.983 % | £104,677 | £342,672 |
6 Month Average | 43.381 % | £103,244 | £341,239 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £174,428 | £170,000 | 16 WORTHINGTON PLACE |
29 Sep 2023 | £217,290 | £212,500 | 22 WORTHINGTON PLACE |
22 Sep 2023 | £228,027 | £223,000 | 12 STIRRUP CLOSE |
11 Sep 2023 | £296,537 | £290,000 | 292 GREEN LANE |
23 Aug 2023 | £193,999 | £190,500 | 45 WALMSLEY MEADOW ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 22 Nov 2016. Using an estimated price of £307,190 means this house is valued at £2,603 per sq meter (£241 per sq foot).
The average size of a house on FAIRCLOUGH PARK DRIVE is 86 sq meters (932 sq feet).