£653,902
This estimated value is based upon the latest sale price for the house of £199,500 on 11 Sep 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£199,500 | 11 Sep 2001 |
Detached |
Freehold |
Floor Area: 138 sq meters or 1,485 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 September 2001 the House Price Index for GREATER MANCHESTER was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £199,500 results in an estimated price of approximately £653,902.
11 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.3 | 148.6 | 227.771 % | £199,500 | £454,402 | £653,902 |
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 | 112.823 % | £225,081 | £424,581 |
3 Month Average | 92.295 % | £184,127 | £383,627 |
6 Month Average | 182.002 % | £363,093 | £562,593 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £607,771 | £600,000 | 28 THURLESTONE ROAD |
29 Jul 2022 | £601,619 | £600,000 | 4 CHEVITHORNE CLOSE |
19 Nov 2021 | £632,686 | £585,000 | 3 ROACHILL CLOSE |
18 Dec 2020 | £447,608 | £390,000 | 23 PENNYMOOR DRIVE |
15 Dec 2020 | £545,164 | £475,000 | 5 TEMPLETON DRIVE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 27 Apr 2016. Using an estimated price of £653,903 means this house is valued at £4,738 per sq meter (£440 per sq foot).
The average size of a house on TEMPLETON DRIVE is 135 sq meters (1,455 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).