£203,739
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Oct 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 31 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2012 the House Price Index for GREATER MANCHESTER was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £120,000 results in an estimated price of approximately £203,739.
| 31 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £120,000 | £83,739 | £203,739 |
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 | 125.736 % | £150,883 | £270,883 |
| 3 Month Average | 96.406 % | £115,686 | £235,686 |
| 6 Month Average | 79.144 % | £94,972 | £214,972 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £244,274 | £240,000 | 3 BAGSHAW ROAD |
| 6 Nov 2023 | £243,607 | £240,000 | 4 HAMSTERLEY AVENUE |
| 25 Aug 2023 | £267,339 | £265,000 | 97 SHILLINGFORD ROAD |
| 7 Aug 2023 | £218,915 | £217,000 | 6 BRAITHWAITE ROAD |
| 21 Apr 2023 | £252,721 | £250,000 | 31 FALSHAW WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Sep 2012. Using an estimated price of £203,739 means this house is valued at £2,680 per sq meter (£249 per sq foot).
The average size of a house on HAMSTERLEY AVENUE is 63 sq meters (684 sq feet).