£157,010
This estimated value is based upon the latest sale price for the house of £123,500 on 26 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £123,500 | 26 Oct 2017 |
| £50,000 | 7 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 739 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 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £123,500 results in an estimated price of approximately £157,010.
| 26 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £123,500 | £33,510 | £157,010 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 105.508 % | £130,302 | £253,802 |
| 3 Month Average | 59.302 % | £73,238 | £196,738 |
| 6 Month Average | 50.854 % | £62,804 | £186,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £143,595 | £139,950 | 43 LEDBURY STREET |
| 2 Oct 2023 | £135,068 | £132,000 | 81 LEDBURY STREET |
| 22 Sep 2023 | £270,973 | £265,000 | 187 CHARLES STREET |
| 24 Aug 2023 | £168,031 | £165,000 | 10 SANDGATE CLOSE |
| 11 Aug 2023 | £203,673 | £200,000 | 4 SANDGATE CLOSE |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 19 Dec 2009. Using an estimated price of £157,011 means this house is valued at £2,284 per sq meter (£212 per sq foot).
The average size of a house on RIPLEY DRIVE is 106 sq meters (1,147 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (739 sq feet).