£308,946
This estimated value is based upon the latest sale price for the house of £199,950 on 23 Nov 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£199,950 | 23 Nov 2007 |
£173,500 | 16 Dec 2005 |
£66,750 | 30 May 1997 |
Terraced |
Leasehold |
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 2007 the House Price Index for GREATER MANCHESTER was 95.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 54.512%.Applying this 54.512% change to the original purchase price of £199,950 results in an estimated price of approximately £308,946.
23 Nov 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 148.0 | 54.512 % | £199,950 | £108,996 | £308,946 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 81.463 % | £162,885 | £362,835 |
3 Month Average | 36.094 % | £72,170 | £272,120 |
6 Month Average | 40.832 % | £81,643 | £281,593 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2022 | £246,996 | £250,000 | 31 BRAMMAY DRIVE |
22 Oct 2021 | £253,413 | £229,955 | 12 CROFT DRIVE |
12 Mar 2021 | £376,929 | £340,000 | 24 MOORSIDE ROAD |
18 Dec 2020 | £280,054 | £245,000 | 1 BRAMMAY DRIVE |
17 Dec 2020 | £434,370 | £380,000 | 46 MOORSIDE ROAD |