£142,809
This estimated value is based upon the latest sale price for the house of £82,000 on 26 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £82,000 | 26 Oct 2011 |
| Terraced |
| Leasehold |
| Floor Area: 61 sq meters or 659 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 October 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £82,000 results in an estimated price of approximately £142,809.
| 26 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £82,000 | £60,809 | £142,809 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 123.130 % | £100,966 | £182,966 |
| 3 Month Average | 111.622 % | £91,529 | £173,529 |
| 6 Month Average | 104.748 % | £85,893 | £167,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £343,725 | £335,000 | 40 MELANIE DRIVE |
| 30 Nov 2023 | £308,840 | £301,000 | 5 MELANIE DRIVE |
| 28 Apr 2023 | £271,070 | £266,000 | 43 MARLAND CRESCENT |
| 13 Apr 2023 | £203,812 | £200,000 | 21 MELANIE DRIVE |
| 24 Aug 2022 | £273,278 | £272,000 | 13 MELANIE DRIVE |
This house has a floor area of 61 sq meters or 659 sq feet when measured on 8 Aug 2011. Using an estimated price of £142,810 means this house is valued at £2,331 per sq meter (£216 per sq foot).
The average size of a house on MELANIE DRIVE is 84 sq meters (907 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Ainsdale Grove | |
| Aug 2024 | Anti-social behaviour | On or near Ainsdale Grove |