£427,674
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Nov 2009. 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 | 30 Nov 2009 |
| £198,000 | 28 Jul 2003 |
| £96,000 | 26 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2009 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £245,000 results in an estimated price of approximately £427,674.
| 30 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £245,000 | £182,674 | £427,674 |
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 | 46.706 % | £114,430 | £359,430 |
| 3 Month Average | 9.065 % | £22,210 | £267,210 |
| 6 Month Average | 60.152 % | £147,372 | £392,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £607,771 | £600,000 | 28 THURLESTONE ROAD |
| 30 Jun 2023 | £528,907 | £522,500 | 5 AYSHFORD CLOSE |
| 29 Jul 2022 | £601,619 | £600,000 | 4 CHEVITHORNE CLOSE |
| 18 Dec 2020 | £447,608 | £390,000 | 23 PENNYMOOR DRIVE |
| 15 Dec 2020 | £545,164 | £475,000 | 5 TEMPLETON DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Feb 2016. Using an estimated price of £427,674 means this house is valued at £4,859 per sq meter (£451 per sq foot).
The average size of a house on PENNYMOOR DRIVE is 101 sq meters (1,090 sq feet).