£213,969
This estimated value is based upon the latest sale price for the house of £172,000 on 11 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£172,000 | 11 Sep 2018 |
£141,000 | 20 Jun 2014 |
£68,950 | 19 Dec 1996 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 September 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £172,000 results in an estimated price of approximately £213,969.
11 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £172,000 | £41,969 | £213,969 |
The Postcode Pricing Model uses changes in average sales price within the WN2 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 | 3.454 % | £5,940 | £177,940 |
3 Month Average | 26.427 % | £45,453 | £217,453 |
6 Month Average | 43.211 % | £74,322 | £246,322 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £161,602 | £157,500 | 17 MONTFORD RISE |
31 Aug 2023 | £208,765 | £205,000 | 163 ASHBOURNE AVENUE |
25 Aug 2023 | £188,398 | £185,000 | 7 GRAY CLOSE |
27 Jan 2023 | £123,330 | £123,000 | 2 DRYTON WALK |
20 Jan 2023 | £158,373 | £157,950 | 5 GRAY CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 15 Nov 2017. Using an estimated price of £213,969 means this house is valued at £2,018 per sq meter (£187 per sq foot).
The average size of a house on ASHBOURNE AVENUE is 74 sq meters (800 sq feet).