£209,274
This estimated value is based upon the latest sale price for the house of £207,000 on 30 Aug 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £207,000 | 30 Aug 2024 |
| £120,000 | 2 Feb 2010 |
| Terraced |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 August 2024 the House Price Index for GREATER MANCHESTER was 100.1.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 1.099%.Applying this 1.099% change to the original purchase price of £207,000 results in an estimated price of approximately £209,274.
| 30 Aug 2024 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.1 | 101.2 | 1.099 % | £207,000 | £2,274 | £209,274 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | -10.539 % | £-21,815 | £185,184 |
| 3 Month Average | -2.856 % | £-5,912 | £201,087 |
| 6 Month Average | -5.743 % | £-11,887 | £195,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2024 | £165,100 | £165,100 | 21 DERBYSHIRE ROAD |
| 30 Aug 2024 | £209,275 | £207,000 | 43 DERBYSHIRE ROAD |
| 31 Mar 2023 | £112,786 | £110,000 | 12 GRAVER LANE |
| 23 Dec 2022 | £152,621 | £151,264 | 41 DERBYSHIRE ROAD |
| 21 Dec 2022 | £217,938 | £216,000 | 36 GRAVER LANE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 Nov 2019. Using an estimated price of £209,275 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on DERBYSHIRE ROAD is 112 sq meters (1,213 sq feet).