£286,489
This estimated value is based upon the latest sale price for the house of £126,995 on 24 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £126,995 | 24 Oct 2003 |
| £74,000 | 16 Oct 2000 |
| £68,450 | 4 Aug 1995 |
| £67,000 | 31 Mar 1995 |
| Detached |
| Leasehold |
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 2003 the House Price Index for GREATER MANCHESTER was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £126,995 results in an estimated price of approximately £286,489.
| 24 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £126,995 | £159,494 | £286,489 |
The Postcode Pricing Model uses changes in average sales price within the M26 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 | 125.614 % | £159,523 | £286,518 |
| 3 Month Average | 151.082 % | £191,866 | £318,861 |
| 6 Month Average | 157.547 % | £200,076 | £327,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £235,000 | £235,000 | 6 BRIDGEMERE CLOSE |
| 18 Apr 2023 | £1,885 | £1,850 | 27 SYCAMORE DRIVE |
| 18 Oct 2022 | £249,168 | £250,000 | 19 VALE EDGE |
| 30 Sep 2022 | £299,800 | £300,000 | 14 BRIDGEMERE CLOSE |
| 23 Feb 2022 | £378,212 | £358,000 | 8 SYCAMORE DRIVE |