£220,835
This estimated value is based upon the latest sale price for the house of £218,000 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£218,000 | 24 Nov 2023 |
£155,995 | 26 Jun 2020 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 November 2023 the House Price Index for GREATER MANCHESTER was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £218,000 results in an estimated price of approximately £220,835.
24 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.0 | 1.300 % | £218,000 | £2,835 | £220,835 |
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 | 53.947 % | £117,605 | £335,605 |
3 Month Average | -11.967 % | £-26,088 | £191,911 |
6 Month Average | -2.465 % | £-5,373 | £212,626 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £220,835 | £218,000 | 22 BOWDEN GREEN DRIVE |
22 Aug 2023 | £311,897 | £310,000 | 7 BOWDEN GREEN DRIVE |
28 Apr 2023 | £246,835 | £245,000 | 2 MORT CLOSE |
20 Mar 2023 | £221,196 | £220,000 | 1 BOWDEN GREEN DRIVE |
7 Jun 2022 | £171,741 | £170,000 | 10 HAMPSON COURT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 12 Feb 2019. Using an estimated price of £220,835 means this house is valued at £2,538 per sq meter (£235 per sq foot).
The average size of a house on BOWDEN GREEN DRIVE is 84 sq meters (909 sq feet).