£254,557
This estimated value is based upon the latest sale price for the house of £45,500 on 31 Mar 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £45,500 | 31 Mar 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 110 sq meters or 1,184 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 1995 the House Price Index for GREATER MANCHESTER was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.468%.Applying this 459.468% change to the original purchase price of £45,500 results in an estimated price of approximately £254,557.
| 31 Mar 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 459.468 % | £45,500 | £209,057 | £254,557 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 287.735 % | £130,919 | £176,419 |
| 3 Month Average | 265.106 % | £120,623 | £166,123 |
| 6 Month Average | 267.573 % | £121,745 | £167,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £192,804 | £189,950 | 14 BRAEMORE CLOSE |
| 21 Aug 2023 | £191,677 | £190,000 | 23 COLERNE WAY |
| 21 Oct 2022 | £192,923 | £195,000 | 19 WESTBURY AVENUE |
| 15 Jul 2022 | £275,742 | £275,000 | 31 CADOGAN DRIVE |
| 14 Apr 2022 | £221,407 | £215,000 | 34 WESTBURY AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 9 Dec 2013. Using an estimated price of £254,558 means this house is valued at £2,314 per sq meter (£214 per sq foot).
The average size of a house on ROMSEY GROVE is 152 sq meters (1,641 sq feet).