£236,077
This estimated value is based upon the latest sale price for the house of £187,000 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £187,000 | 29 Mar 2018 |
| Detached |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £187,000 results in an estimated price of approximately £236,077.
| 29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £187,000 | £49,077 | £236,077 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 110.286 % | £206,235 | £393,235 |
| 3 Month Average | 48.176 % | £90,089 | £277,089 |
| 6 Month Average | 55.758 % | £104,267 | £291,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £304,173 | £299,500 | 7 SALTHOUSE CLOSE |
| 1 Nov 2023 | £235,990 | £230,000 | 2 TRIMINGHAM DRIVE |
| 30 Jun 2023 | £250,010 | £245,000 | 326 BRANDLESHOLME ROAD |
| 27 Jan 2023 | £335,898 | £335,000 | 33 TRIMINGHAM DRIVE |
| 30 Nov 2022 | £796 | £800 | 309 BRANDLESHOLME ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 29 Mar 2017. Using an estimated price of £236,077 means this house is valued at £2,988 per sq meter (£277 per sq foot).
The average size of a house on SHERINGHAM DRIVE is 98 sq meters (1,055 sq feet).