£318,156
This estimated value is based upon the latest sale price for the house of £115,000 on 18 Oct 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£115,000 | 18 Oct 2002 |
Semi-Detached |
Leasehold |
Floor Area: 78 sq meters or 841 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 October 2002 the House Price Index for GREATER MANCHESTER was 37.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 176.658%.Applying this 176.658% change to the original purchase price of £115,000 results in an estimated price of approximately £318,156.
18 Oct 2002 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.7 | 104.3 | 176.658 % | £115,000 | £203,156 | £318,156 |
The Postcode Pricing Model uses changes in average sales price within the BL5 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 | 203.642 % | £234,188 | £349,188 |
3 Month Average | 188.952 % | £217,294 | £332,294 |
6 Month Average | 206.072 % | £236,982 | £351,982 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Feb 2025 | £308,736 | £304,000 | 21 REYNOLDS DRIVE |
5 Feb 2025 | £261,004 | £257,000 | 12 ELMWOOD CLOSE |
24 Oct 2024 | £390,734 | £375,000 | 16 CHERRYWOOD AVENUE |
17 Oct 2024 | £520,974 | £499,995 | 31 REYNOLDS DRIVE |
18 Sep 2024 | £398,732 | £380,000 | 9 ELMWOOD CLOSE |
This house has a floor area of 78 sq meters or 841 sq feet when measured on 20 Oct 2009. Using an estimated price of £318,156 means this house is valued at £4,069 per sq meter (£378 per sq foot).
The average size of a house on REYNOLDS DRIVE is 93 sq meters (1,005 sq feet).