£342,039
This estimated value is based upon the latest sale price for the house of £274,950 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £274,950 | 14 Sep 2018 |
| £89,950 | 26 Apr 1996 |
| Detached |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £274,950 results in an estimated price of approximately £342,039.
| 14 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £274,950 | £67,089 | £342,039 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 30.614 % | £84,172 | £359,122 |
| 3 Month Average | 31.128 % | £85,586 | £360,536 |
| 6 Month Average | 44.955 % | £123,602 | £398,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £268,484 | £264,000 | 24 RENFREW DRIVE |
| 17 Mar 2023 | £174,921 | £172,000 | 19 STONEHAVEN |
| 30 Nov 2022 | £169,209 | £170,000 | 11 KNIGHTSWOOD |
| 21 Oct 2022 | £171,422 | £171,995 | 15 STONEHAVEN |
| 2 Feb 2022 | £317,994 | £301,000 | 33 KNIGHTSWOOD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 28 Jun 2018. Using an estimated price of £342,040 means this house is valued at £2,948 per sq meter (£273 per sq foot).
The average size of a house on KNIGHTSWOOD is 103 sq meters (1,116 sq feet).