£88,793
This estimated value is based upon the latest sale price for the house of £55,996 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £55,996 | 28 Mar 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 March 2014 the House Price Index for GREATER MANCHESTER was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £55,996 results in an estimated price of approximately £88,793.
| 28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £55,996 | £32,797 | £88,793 |
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 | 68.929 % | £38,597 | £94,593 |
| 3 Month Average | 105.201 % | £58,908 | £114,904 |
| 6 Month Average | 99.522 % | £55,728 | £111,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £135,443 | £133,000 | APARTMENT 20 53 IVY GRAHAM CLOSE |
| 11 Aug 2022 | £140,658 | £140,000 | UNIT 11 RELIANCE TRADING ESTATE |
| 25 Mar 2022 | £78,295 | £75,000 | APARTMENT 9 59 IVY GRAHAM CLOSE |
| 26 Nov 2021 | £114,400 | £105,000 | APARTMENT 12 53 IVY GRAHAM CLOSE |
| 19 Nov 2021 | £125,295 | £115,000 | APARTMENT 19 53 IVY GRAHAM CLOSE |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 25 Nov 2013. Using an estimated price of £88,794 means this house is valued at £2,466 per sq meter (£229 per sq foot).
The average size of a house on IVY GRAHAM CLOSE is 73 sq meters (791 sq feet).