£303,959
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£280,000 | 30 Sep 2021 |
£219,000 | 11 Jan 2019 |
£159,950 | 22 Mar 2013 |
£92,000 | 15 Mar 2002 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £280,000 results in an estimated price of approximately £303,959.
30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £280,000 | £23,959 | £303,959 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 26.185 % | £73,318 | £353,318 |
3 Month Average | 25.418 % | £71,171 | £351,171 |
6 Month Average | 10.109 % | £28,304 | £308,304 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £315,000 | £315,000 | 15 WINCHESTER AVENUE |
14 Aug 2023 | £299,502 | £294,100 | 21 SHAFTESBURY DRIVE |
31 Mar 2023 | £269,501 | £265,000 | 18 SHAFTESBURY DRIVE |
10 Mar 2023 | £249,161 | £245,000 | 40 SHAFTESBURY DRIVE |
20 Jan 2023 | £363,973 | £363,000 | 92 SHAFTESBURY DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Nov 2018. Using an estimated price of £303,959 means this house is valued at £3,752 per sq meter (£348 per sq foot).
The average size of a house on SHAFTESBURY DRIVE is 97 sq meters (1,052 sq feet).