£123,924
This estimated value is based upon the latest sale price for the house of £79,000 on 22 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £79,000 | 22 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 April 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £79,000 results in an estimated price of approximately £123,924.
| 22 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £79,000 | £44,924 | £123,924 |
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 | 83.663 % | £66,093 | £145,093 |
| 3 Month Average | 96.878 % | £76,533 | £155,533 |
| 6 Month Average | 101.575 % | £80,244 | £159,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £3,939 | £3,850 | 28 DEAN LANE |
| 25 Mar 2022 | £78,295 | £75,000 | APARTMENT 9 59 IVY GRAHAM CLOSE |
| 4 Dec 2020 | £203,493 | £176,000 | 11 IVY GRAHAM CLOSE |
| 16 Nov 2020 | £198,549 | £170,000 | 4 IVY GRAHAM CLOSE |
| 20 Oct 2020 | £165,447 | £140,000 | 14 DEAN LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 25 Nov 2013. Using an estimated price of £123,925 means this house is valued at £2,478 per sq meter (£230 per sq foot).
The average size of a house on IVY GRAHAM CLOSE is 73 sq meters (791 sq feet).