£291,485
This estimated value is based upon the latest sale price for the house of £175,000 on 21 Jun 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 21 Jun 2013 |
| £180,000 | 28 Sep 2005 |
| £79,700 | 30 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 2013 the House Price Index for GREATER MANCHESTER was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £175,000 results in an estimated price of approximately £291,485.
| 21 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £175,000 | £116,485 | £291,485 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 28.962 % | £50,682 | £225,682 |
| 3 Month Average | 34.449 % | £60,285 | £235,285 |
| 6 Month Average | 37.080 % | £64,890 | £239,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £2,255 | £2,235 | 2 CRAMOND CLOSE |
| 22 Feb 2022 | £178,278 | £170,000 | 41 WOODBROOK DRIVE |
| 25 Jun 2021 | £225,851 | £210,500 | 52 CHARLOTTE DRIVE |
| 17 Jun 2021 | £158,256 | £147,500 | 24 WOODBROOK DRIVE |
| 26 Aug 2020 | £203,841 | £170,000 | 5 CHARLOTTE DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 24 Jan 2009. Using an estimated price of £291,486 means this house is valued at £2,749 per sq meter (£255 per sq foot).
The average size of a house on CRAMOND CLOSE is 157 sq meters (1,695 sq feet).