£446,090
This estimated value is based upon the latest sale price for the house of £260,000 on 20 Aug 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £260,000 | 20 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 August 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £260,000 results in an estimated price of approximately £446,090.
| 20 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £260,000 | £186,090 | £446,090 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 46.263 % | £120,283 | £380,283 |
| 3 Month Average | 43.514 % | £113,136 | £373,136 |
| 6 Month Average | 57.188 % | £148,689 | £408,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £226,231 | £222,000 | 7 WINCHCOMBE CLOSE |
| 24 Mar 2023 | £416,963 | £410,000 | 17 MORETON DRIVE |
| 18 Nov 2022 | £318,511 | £320,000 | 48 BROADWELL DRIVE |
| 27 Sep 2021 | £379,949 | £350,000 | 26 BROADWELL DRIVE |
| 17 Dec 2020 | £271,709 | £235,000 | 5 DONNINGTON CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 13 Apr 2012. Using an estimated price of £446,090 means this house is valued at £3,597 per sq meter (£334 per sq foot).
The average size of a house on MORETON DRIVE is 116 sq meters (1,255 sq feet).