£259,330
This estimated value is based upon the latest sale price for the house of £255,000 on 9 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £255,000 | 9 Mar 2023 |
| £175,000 | 3 May 2018 |
| £123,500 | 10 May 2010 |
| £134,950 | 5 Apr 2007 |
| £90,000 | 26 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 916 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £255,000 results in an estimated price of approximately £259,330.
| 9 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £255,000 | £4,330 | £259,330 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 68.789 % | £175,411 | £430,411 |
| 3 Month Average | 26.770 % | £68,262 | £323,262 |
| 6 Month Average | 17.589 % | £44,850 | £299,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £153,907 | £150,000 | 31 FAIRBOURNE ROAD |
| 10 Nov 2023 | £249,329 | £243,000 | 1 DORSET ROAD |
| 27 Oct 2023 | £199,532 | £195,000 | 78 FAIRBOURNE ROAD |
| 15 Sep 2023 | £191,215 | £187,000 | 17 MOLYNEUX ROAD |
| 6 Jun 2023 | £260,215 | £255,000 | 7 FAIRBOURNE ROAD |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 1 Dec 2009. Using an estimated price of £259,331 means this house is valued at £3,044 per sq meter (£282 per sq foot).
The average size of a house on FAIRBOURNE ROAD is 91 sq meters (981 sq feet).