£177,265
This estimated value is based upon the latest sale price for the house of £150,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £150,000 | 23 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £150,000 results in an estimated price of approximately £177,265.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £150,000 | £27,265 | £177,265 |
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 | 19.080 % | £28,620 | £178,620 |
| 3 Month Average | 13.438 % | £20,156 | £170,156 |
| 6 Month Average | 29.123 % | £43,684 | £193,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £200,000 | £200,000 | 55 STAITHES ROAD |
| 15 Dec 2023 | £232,133 | £225,000 | 3 HAZELWOOD ROAD |
| 31 Oct 2023 | £251,717 | £246,000 | 28 ROBINSBAY ROAD |
| 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 82 sq meters or 882 sq feet when measured on 7 Aug 2020. Using an estimated price of £177,265 means this house is valued at £2,161 per sq meter (£200 per sq foot).
The average size of a house on RAVENSCAR CRESCENT is 80 sq meters (861 sq feet).