£156,641
This estimated value is based upon the latest sale price for the house of £87,500 on 3 Feb 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£87,500 | 3 Feb 2006 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 February 2006 the House Price Index for GREATER MANCHESTER was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £87,500 results in an estimated price of approximately £156,641.
3 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 149.7 | 79.018 % | £87,500 | £69,141 | £156,641 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 106.874 % | £93,514 | £181,014 |
3 Month Average | 112.806 % | £98,705 | £186,205 |
6 Month Average | 104.064 % | £91,056 | £178,556 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 May 2024 | £155,000 | £155,000 | 48 SOUTHDOWN CRESCENT |
28 Mar 2024 | £159,450 | £157,000 | 13 EUSTON AVENUE |
13 Dec 2023 | £151,660 | £147,000 | 305 CHARLESTOWN ROAD |
1 Dec 2023 | £140,311 | £136,000 | 255 CHARLESTOWN ROAD |
11 Oct 2023 | £162,695 | £159,000 | 4 THE QUADRANT |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Jun 2018. Using an estimated price of £156,641 means this house is valued at £2,145 per sq meter (£199 per sq foot).
The average size of a house on CHARLESTOWN ROAD is 107 sq meters (1,154 sq feet).