£380,453
This estimated value is based upon the latest sale price for the house of £309,995 on 19 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £309,995 | 19 Nov 2018 |
| Detached |
| Leasehold |
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 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £309,995 results in an estimated price of approximately £380,453.
| 19 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £309,995 | £70,458 | £380,453 |
The Postcode Pricing Model uses changes in average sales price within the M28 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 | 1.912 % | £5,928 | £315,923 |
| 3 Month Average | 29.774 % | £92,296 | £402,291 |
| 6 Month Average | 30.326 % | £94,007 | £404,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £492,676 | £500,000 | 16 HORSELEY AVENUE |
| 3 Aug 2022 | £268,188 | £270,000 | 5 STRETTON CLOSE |
| 1 Jul 2022 | £314,575 | £315,000 | 7 STRETTON CLOSE |
| 10 Jun 2022 | £287,918 | £285,000 | 1 DUNMAIL CLOSE |
| 30 May 2022 | £265,953 | £262,000 | 11 DUNMAIL CLOSE |