£164,709
This estimated value is based upon the latest sale price for the house of £105,000 on 25 Apr 2014. 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 |
---|---|
£105,000 | 25 Apr 2014 |
£80,000 | 21 Jan 2014 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 April 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £105,000 results in an estimated price of approximately £164,709.
25 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £105,000 | £59,709 | £164,709 |
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 | 93.793 % | £98,482 | £203,482 |
3 Month Average | 73.703 % | £77,388 | £182,388 |
6 Month Average | 88.091 % | £92,495 | £197,495 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £259,000 | £259,000 | 87 THORNSGREEN ROAD |
13 Dec 2023 | £226,974 | £220,000 | 176 CORNISHWAY |
30 Nov 2023 | £153,907 | £150,000 | 87 CORNISHWAY |
29 Aug 2023 | £222,513 | £218,500 | 41 ELLENBROOK ROAD |
3 Nov 2022 | £149,302 | £150,000 | 2 RAVENSCAR CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 Mar 2014. Using an estimated price of £164,710 means this house is valued at £1,960 per sq meter (£182 per sq foot).
There is one other house on the street which we know the size of, this is 6 BURRAN ROAD it is 84.0