£1,107,783
This estimated value is based upon the latest sale price for the house of £739,950 on 7 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£739,950 | 7 Oct 2014 |
£242,000 | 8 Jan 1999 |
Semi-Detached |
Freehold |
Floor Area: 241 sq meters or 2,594 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 October 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £739,950 results in an estimated price of approximately £1,107,783.
7 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £739,950 | £367,833 | £1,107,783 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 22.677 % | £167,798 | £907,748 |
3 Month Average | 1.107 % | £8,188 | £748,138 |
6 Month Average | 42.784 % | £316,582 | £1,056,532 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £71,052 | £70,000 | 32 REGENT COURT GROBY ROAD |
14 Nov 2023 | £91,352 | £90,000 | 19 REGENT COURT GROBY ROAD |
27 Sep 2023 | £151,943 | £150,000 | APARTMENT 23 1A GROBY ROAD |
31 Aug 2023 | £75,662 | £75,000 | 10 REGENT COURT GROBY ROAD |
31 Aug 2023 | £87,768 | £87,000 | 30 REGENT COURT GROBY ROAD |
This house has a floor area of 241 sq meters or 2,594 sq feet when measured on 15 Aug 2014. Using an estimated price of £1,107,784 means this house is valued at £4,596 per sq meter (£427 per sq foot).
The average size of a house on GROBY ROAD is 103 sq meters (1,118 sq feet).