£176,778
This estimated value is based upon the latest sale price for the house of £173,000 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £173,000 | 30 Jun 2022 |
| £129,950 | 23 Sep 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 62 sq meters or 673 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 2022 the House Price Index for GREATER MANCHESTER was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £173,000 results in an estimated price of approximately £176,778.
| 30 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £173,000 | £3,778 | £176,778 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | -2.231 % | £-3,859 | £169,140 |
| 3 Month Average | -4.002 % | £-6,923 | £166,076 |
| 6 Month Average | 12.579 % | £21,762 | £194,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £200,000 | £200,000 | 55 STAITHES ROAD |
| 5 Apr 2024 | £216,883 | £215,000 | 6 CRISPIN ROAD |
| 31 Oct 2023 | £251,717 | £246,000 | 28 ROBINSBAY ROAD |
| 30 Jun 2023 | £215,825 | £211,500 | 21 CORNISHWAY |
| 12 Jun 2023 | £211,233 | £207,000 | 103 RAVENSCAR CRESCENT |
This house has a floor area of 62 sq meters or 673 sq feet when measured on 5 Sep 2011. Using an estimated price of £176,779 means this house is valued at £2,824 per sq meter (£262 per sq foot).
The average size of a house on RAVENSCAR CRESCENT is 80 sq meters (861 sq feet).