£208,614
This estimated value is based upon the latest sale price for the house of £165,000 on 12 Jan 2018. 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 |
|---|---|
| £165,000 | 12 Jan 2018 |
| £164,000 | 17 Oct 2008 |
| £126,500 | 23 Apr 2008 |
| £43,000 | 25 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £165,000 results in an estimated price of approximately £208,614.
| 12 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £165,000 | £43,614 | £208,614 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 124.855 % | £206,010 | £371,010 |
| 3 Month Average | 39.687 % | £65,483 | £230,483 |
| 6 Month Average | 47.679 % | £78,670 | £243,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2024 | £335,000 | £335,000 | 40 COTSWOLD CRESCENT |
| 9 Apr 2024 | £272,365 | £270,000 | 12 SHIPSTON CLOSE |
| 15 Dec 2023 | £58,291 | £56,500 | 20 ALCESTER CLOSE |
| 17 Nov 2023 | £246,251 | £240,000 | 8 MORETON DRIVE |
| 3 Feb 2023 | £276,849 | £275,000 | 57 COTSWOLD CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Sep 2017. Using an estimated price of £208,615 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on ALCESTER CLOSE is 99 sq meters (1,074 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 sq feet).