£88,587
This estimated value is based upon the latest sale price for the house of £62,500 on 22 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £62,500 | 22 Oct 2015 |
| £86,000 | 24 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2015 the House Price Index for GREATER MANCHESTER was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £62,500 results in an estimated price of approximately £88,587.
| 22 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £62,500 | £26,087 | £88,587 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 106.026 % | £66,266 | £128,766 |
| 3 Month Average | 97.870 % | £61,168 | £123,668 |
| 6 Month Average | 97.171 % | £60,731 | £123,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £196,023 | £190,000 | 183 BRISCOE LANE |
| 11 Nov 2023 | £104,657 | £102,000 | 13 HALLAM ROAD |
| 14 Sep 2023 | £107,367 | £105,000 | 33 HALLAM ROAD |
| 24 Apr 2023 | £88,658 | £87,000 | 82 SURBITON ROAD |
| 10 Jun 2022 | £205,390 | £201,000 | 193 BRISCOE LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 Dec 2015. Using an estimated price of £88,588 means this house is valued at £1,302 per sq meter (£121 per sq foot).
The average size of a house on HALLAM ROAD is 91 sq meters (985 sq feet).