£142,320
This estimated value is based upon the latest sale price for the house of £114,000 on 26 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £114,000 | 26 Jul 2018 |
| £84,950 | 2 Jan 2013 |
| £41,000 | 28 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 July 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £114,000 results in an estimated price of approximately £142,320.
| 26 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £114,000 | £28,320 | £142,320 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | -13.631 % | £-15,539 | £98,460 |
| 3 Month Average | 45.360 % | £51,710 | £165,710 |
| 6 Month Average | 45.779 % | £52,187 | £166,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £210,000 | £210,000 | 3 REDACRE ROAD |
| 21 Mar 2024 | £235,620 | £232,000 | 5 REDACRE ROAD |
| 15 Mar 2024 | £235,620 | £232,000 | 1 REDACRE ROAD |
| 8 Nov 2023 | £164,167 | £160,000 | 7 REDACRE ROAD |
| 9 Jun 2023 | £260,215 | £255,000 | 2 DONNINGTON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Oct 2012. Using an estimated price of £142,321 means this house is valued at £2,092 per sq meter (£194 per sq foot).
The average size of a house on REDACRE ROAD is 92 sq meters (995 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).