£145,125
This estimated value is based upon the latest sale price for the house of £50,000 on 31 May 2002. 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 | 31 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2002 the House Price Index for GREATER MANCHESTER was 51.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 190.251%.Applying this 190.251% change to the original purchase price of £50,000 results in an estimated price of approximately £145,125.
| 31 May 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.0 | 190.251 % | £50,000 | £95,125 | £145,125 |
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 | 1219.275 % | £609,637 | £659,637 |
| 3 Month Average | 488.951 % | £244,475 | £294,475 |
| 6 Month Average | 392.827 % | £196,413 | £246,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £184,623 | £183,500 | 26 CARNOUSTIE CLOSE |
| 5 Jul 2023 | £171,623 | £170,000 | 16 CARNOUSTIE CLOSE |
| 24 Mar 2023 | £156,848 | £156,000 | 11 CARNOUSTIE CLOSE |
| 23 Jan 2023 | £203,711 | £205,500 | 29 THE LINKS |
| 28 Nov 2022 | £172,207 | £175,000 | 30 CARNOUSTIE CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 23 Jul 2015. Using an estimated price of £145,125 means this house is valued at £1,860 per sq meter (£172 per sq foot).
The average size of a house on THE LINKS is 77 sq meters (832 sq feet).