£79,285
This estimated value is based upon the latest sale price for the house of £50,000 on 20 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 20 Mar 2014 |
| £33,000 | 19 Dec 2003 |
| £26,000 | 30 Oct 2000 |
| £23,000 | 21 Sep 2000 |
| Terraced |
| 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 March 2014 the House Price Index for GREATER MANCHESTER was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £50,000 results in an estimated price of approximately £79,285.
| 20 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £50,000 | £29,285 | £79,285 |
The Postcode Pricing Model uses changes in average sales price within the M35 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 | 68.944 % | £34,472 | £84,472 |
| 3 Month Average | 81.569 % | £40,784 | £90,784 |
| 6 Month Average | 82.222 % | £41,111 | £91,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £143,156 | £140,000 | 9 SPRINGFIELD CLOSE |
| 31 Mar 2023 | £129,157 | £127,000 | 147 OLD ROAD |
| 29 Mar 2023 | £259,331 | £255,000 | 23A ELM STREET |
| 17 Feb 2023 | £161,076 | £160,000 | 23 ELM STREET |
| 16 Jan 2023 | £171,959 | £171,500 | 24 ASH STREET |