£204,343
This estimated value is based upon the latest sale price for the house of £179,500 on 26 May 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £179,500 | 26 May 2021 |
| £140,500 | 4 Nov 2019 |
| £84,500 | 29 Oct 2004 |
| £8,100 | 7 Apr 1999 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 May 2021 the House Price Index for GREATER MANCHESTER was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £179,500 results in an estimated price of approximately £204,343.
| 26 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £179,500 | £24,843 | £204,343 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 70.552 % | £126,640 | £306,140 |
| 3 Month Average | 29.276 % | £52,550 | £232,050 |
| 6 Month Average | 15.868 % | £28,482 | £207,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £153,907 | £150,000 | 31 FAIRBOURNE ROAD |
| 10 Nov 2023 | £249,329 | £243,000 | 1 DORSET ROAD |
| 27 Oct 2023 | £199,532 | £195,000 | 78 FAIRBOURNE ROAD |
| 15 Sep 2023 | £191,215 | £187,000 | 17 MOLYNEUX ROAD |
| 6 Jun 2023 | £260,215 | £255,000 | 7 FAIRBOURNE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 7 Jul 2014. Using an estimated price of £204,343 means this house is valued at £3,096 per sq meter (£287 per sq foot).
The average size of a house on MOLYNEUX ROAD is 77 sq meters (829 sq feet).