£153,973
This estimated value is based upon the latest sale price for the house of £63,000 on 14 Mar 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £63,000 | 14 Mar 2003 |
| £48,000 | 29 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2003 the House Price Index for GREATER MANCHESTER was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £63,000 results in an estimated price of approximately £153,973.
| 14 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £63,000 | £90,973 | £153,973 |
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 | 528.177 % | £332,751 | £395,751 |
| 3 Month Average | 392.947 % | £247,556 | £310,556 |
| 6 Month Average | 351.017 % | £221,140 | £284,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £153,907 | £150,000 | 31 FAIRBOURNE ROAD |
| 27 Oct 2023 | £199,532 | £195,000 | 78 FAIRBOURNE ROAD |
| 6 Jun 2023 | £260,215 | £255,000 | 7 FAIRBOURNE ROAD |
| 9 Mar 2023 | £259,331 | £255,000 | 13 FAIRBOURNE ROAD |
| 21 Jan 2023 | £250,670 | £250,000 | 17 FAIRBOURNE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Dec 2013. Using an estimated price of £153,973 means this house is valued at £2,138 per sq meter (£198 per sq foot).
The average size of a house on MARCLIFFE DRIVE is 113 sq meters (1,221 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).