£271,161
This estimated value is based upon the latest sale price for the house of £187,000 on 30 Jul 2015. 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 | 30 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 July 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £187,000 results in an estimated price of approximately £271,161.
| 30 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £187,000 | £84,161 | £271,161 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 149.383 % | £279,347 | £466,347 |
| 3 Month Average | 130.983 % | £244,938 | £431,938 |
| 6 Month Average | 106.855 % | £199,819 | £386,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £210 | £210 | 56 CRINGLE ROAD |
| 6 Oct 2023 | £230,491 | £225,256 | 24 CRINGLE ROAD |
| 26 Sep 2023 | £246,093 | £240,668 | 64 CRINGLE ROAD |
| 12 Sep 2023 | £306,762 | £300,000 | 40 CRINGLE ROAD |
| 1 Aug 2023 | £196,036 | £192,500 | 11 DORRIS STREET |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 20 Mar 2015. Using an estimated price of £271,161 means this house is valued at £1,979 per sq meter (£183 per sq foot).
The average size of a house on CRINGLE ROAD is 104 sq meters (1,129 sq feet).