£253,829
This estimated value is based upon the latest sale price for the house of £254,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£254,000 | 24 Feb 2023 |
£154,950 | 28 Sep 2007 |
£75,750 | 28 Sep 2001 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 February 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £254,000 results in an estimated price of approximately £253,829.
24 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £254,000 | £-170 | £253,829 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 48.840 % | £124,053 | £378,053 |
3 Month Average | -20.172 % | £-51,237 | £202,762 |
6 Month Average | -21.033 % | £-53,424 | £200,575 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £211,853 | £210,000 | 3 LEEGATE DRIVE |
24 Feb 2023 | £253,829 | £254,000 | 14 LEEGATE DRIVE |
13 Oct 2022 | £183,029 | £185,000 | 88 VICTORIA AVENUE EAST |
14 Apr 2022 | £190,513 | £185,000 | 123 VICTORIA AVENUE EAST |
18 Mar 2022 | £207,252 | £200,000 | 2 LEEGATE DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 17 Jan 2014. Using an estimated price of £253,829 means this house is valued at £3,133 per sq meter (£291 per sq foot).
The average size of a house on LEEGATE DRIVE is 85 sq meters (915 sq feet).