£322,943
This estimated value is based upon the latest sale price for the house of £248,000 on 27 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £248,000 | 27 Apr 2017 |
| £93,500 | 28 Mar 2001 |
| £84,000 | 25 Sep 1998 |
| Detached |
| Freehold |
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 April 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £248,000 results in an estimated price of approximately £322,943.
| 27 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £248,000 | £74,943 | £322,943 |
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 | 31.727 % | £78,682 | £326,682 |
| 3 Month Average | 65.396 % | £162,180 | £410,180 |
| 6 Month Average | 56.511 % | £140,148 | £388,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £80,960 | £79,500 | 15 MILL COURT DRIVE |
| 22 Jul 2022 | £323,239 | £320,000 | 31 CLOUGH FOLD |
| 8 Oct 2021 | £83,600 | £75,000 | 18 MILL COURT DRIVE |
| 3 Aug 2020 | £72,477 | £60,000 | 19 MILL COURT DRIVE |
| 1 Feb 2019 | £255,104 | £205,000 | 18 CLOUGH FOLD |