£218,403
This estimated value is based upon the latest sale price for the house of £180,000 on 20 Mar 2020. 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 |
|---|---|
| £180,000 | 20 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £180,000 results in an estimated price of approximately £218,403.
| 20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £180,000 | £38,403 | £218,403 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 2.595 % | £4,670 | £184,670 |
| 3 Month Average | 42.452 % | £76,414 | £256,414 |
| 6 Month Average | 43.395 % | £78,110 | £258,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £259,000 | £259,000 | 87 THORNSGREEN ROAD |
| 13 Dec 2023 | £226,974 | £220,000 | 176 CORNISHWAY |
| 30 Nov 2023 | £153,907 | £150,000 | 87 CORNISHWAY |
| 29 Aug 2023 | £222,513 | £218,500 | 41 ELLENBROOK ROAD |
| 3 Nov 2022 | £149,302 | £150,000 | 2 RAVENSCAR CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 May 2019. Using an estimated price of £218,403 means this house is valued at £2,600 per sq meter (£241 per sq foot).
There is one other house on the street which we know the size of, this is 4 BURRAN ROAD it is 84.0