£233,902
This estimated value is based upon the latest sale price for the house of £192,000 on 6 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £192,000 | 6 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £192,000 results in an estimated price of approximately £233,902.
| 6 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £192,000 | £41,902 | £233,902 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 13.963 % | £26,809 | £218,809 |
| 3 Month Average | 28.192 % | £54,128 | £246,128 |
| 6 Month Average | 39.031 % | £74,940 | £266,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £238,389 | £240,000 | 20 TRENCHARD DRIVE |
| 3 Aug 2021 | £205,556 | £185,000 | 68 RINGWAY ROAD |
| 2 Oct 2020 | £560,806 | £480,000 | BOUNDARY HOUSE STYAL ROAD |
| 2 Oct 2020 | £438,130 | £375,000 | PARKFIELD HOUSE STYAL ROAD |
| 10 Sep 2020 | £851,463 | £720,000 | 40 TRENCHARD DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Oct 2019. Using an estimated price of £233,902 means this house is valued at £3,037 per sq meter (£282 per sq foot).
The average size of a house on RINGWAY ROAD is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Tedder Drive | |
| Jan 2024 | Anti-social behaviour | On or near Tedder Drive | |
| Jan 2024 | Anti-social behaviour | On or near Tedder Drive | |
| Jan 2024 | Anti-social behaviour | On or near Tedder Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |