£184,584
This estimated value is based upon the latest sale price for the house of £150,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £150,000 | 30 Aug 2019 |
| £115,000 | 27 Apr 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 August 2019 the House Price Index for GREATER MANCHESTER was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £150,000 results in an estimated price of approximately £184,584.
| 30 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £150,000 | £34,584 | £184,584 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 3.576 % | £5,364 | £155,364 |
| 3 Month Average | 16.989 % | £25,482 | £175,482 |
| 6 Month Average | 17.676 % | £26,514 | £176,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £191,348 | £188,000 | 33 MERRYFIELD GRANGE |
| 12 Apr 2023 | £187,014 | £185,000 | 21 MERRYFIELD GRANGE |
| 20 May 2022 | £173,265 | £170,000 | 19 MERRYFIELD GRANGE |
| 11 Feb 2022 | £178,278 | £170,000 | 38 MERRYFIELD GRANGE |
| 21 Jan 2022 | £868,237 | £825,000 | 5 HEATON MOUNT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 25 Jun 2019. Using an estimated price of £184,585 means this house is valued at £2,796 per sq meter (£259 per sq foot).
The average size of a house on MERRYFIELD GRANGE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cambourne Drive |