£187,632
This estimated value is based upon the latest sale price for the house of £153,800 on 19 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £153,800 | 19 Jun 2020 |
| £116,000 | 7 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £153,800 results in an estimated price of approximately £187,632.
| 19 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £153,800 | £33,832 | £187,632 |
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 | 43.167 % | £66,391 | £220,191 |
| 3 Month Average | 20.602 % | £31,686 | £185,486 |
| 6 Month Average | 34.594 % | £53,204 | £207,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £136,000 | £136,000 | FLAT 20 TEMPLE APARTMENTS, 51 - 55 CORNISHWAY |
| 17 May 2024 | £200,000 | £200,000 | 55 STAITHES ROAD |
| 28 Mar 2024 | £140,153 | £138,000 | FLAT 13 TEMPLE APARTMENTS, 51 - 55 CORNISHWAY |
| 22 Sep 2023 | £163,607 | £160,000 | FLAT 4 39 CORNISHWAY |
| 12 Jun 2023 | £211,233 | £207,000 | 103 RAVENSCAR CRESCENT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 10 Sep 2019. Using an estimated price of £187,633 means this house is valued at £2,260 per sq meter (£210 per sq foot).
The average size of a house on STAITHES ROAD is 93 sq meters (1,009 sq feet).