£152,464
This estimated value is based upon the latest sale price for the house of £125,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£125,000 | 31 Jan 2020 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £125,000 results in an estimated price of approximately £152,464.
31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £125,000 | £27,464 | £152,464 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 24.868 % | £31,084 | £156,084 |
3 Month Average | 11.990 % | £14,987 | £139,987 |
6 Month Average | 23.901 % | £29,875 | £154,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £189,422 | £187,000 | 50 OSTERLEY ROAD |
31 Jul 2023 | £192,592 | £190,000 | 11 WEYBOURNE AVENUE |
5 Apr 2023 | £171,850 | £170,000 | 1 GRANGE PARK ROAD |
17 Jan 2023 | £190,104 | £191,000 | 42 BOOTH HALL ROAD |
29 Jul 2022 | £226,610 | £226,000 | 22 GRANGE DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Sep 2019. Using an estimated price of £152,464 means this house is valued at £2,147 per sq meter (£199 per sq foot).
The average size of a house on BOOTH HALL ROAD is 87 sq meters (937 sq feet).