£405,732
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Sep 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£245,000 | 27 Sep 2013 |
£220,500 | 7 Jul 2005 |
£85,000 | 8 Nov 1996 |
Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 2013 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £245,000 results in an estimated price of approximately £405,732.
27 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 149.7 | 65.605 % | £245,000 | £160,732 | £405,732 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 68.559 % | £167,969 | £412,969 |
3 Month Average | 54.167 % | £132,708 | £377,708 |
6 Month Average | 58.073 % | £142,279 | £387,279 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £351,337 | £345,000 | 4 HOLCOMBE CLOSE |
19 Jun 2023 | £724,519 | £710,000 | 17 SEAMONS ROAD |
10 Feb 2023 | £437,925 | £435,000 | 8 BICKERTON ROAD |
6 Jun 2022 | £577,341 | £565,000 | 88 SEAMONS ROAD |
26 Nov 2021 | £168,054 | £154,246 | 8 MALTON DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 May 2011. Using an estimated price of £405,732 means this house is valued at £5,712 per sq meter (£530 per sq foot).
The average size of a house on HONITON WAY is 97 sq meters (1,045 sq feet).