£118,452
This estimated value is based upon the latest sale price for the house of £74,500 on 30 May 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£74,500 | 30 May 2008 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2008 the House Price Index for GREATER MANCHESTER was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £74,500 results in an estimated price of approximately £118,452.
30 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.5 | 148.6 | 58.996 % | £74,500 | £43,952 | £118,452 |
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 | 121.224 % | £90,311 | £164,811 |
3 Month Average | 92.859 % | £69,180 | £143,680 |
6 Month Average | 68.322 % | £50,900 | £125,400 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £238,044 | £235,000 | 83 LABURNUM ROAD |
23 Jun 2023 | £182,207 | £180,000 | 18 ASHFIELD GROVE |
17 Mar 2023 | £242,283 | £240,000 | 21 ESSEX ROAD |
16 Mar 2023 | £127,198 | £126,000 | 28 ASHFIELD GROVE |
6 Jan 2023 | £246,340 | £247,500 | 79 LABURNUM ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Apr 2018. Using an estimated price of £118,452 means this house is valued at £1,600 per sq meter (£148 per sq foot).
The average size of a house on MAYFIELD GROVE is 83 sq meters (900 sq feet).