£142,877
This estimated value is based upon the latest sale price for the house of £105,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £105,000 | 31 Mar 2016 |
| £32,300 | 15 Nov 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £105,000 results in an estimated price of approximately £142,877.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £105,000 | £37,877 | £142,877 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 90.611 % | £95,141 | £200,141 |
| 3 Month Average | 95.768 % | £100,556 | £205,556 |
| 6 Month Average | 95.943 % | £100,740 | £205,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £3,939 | £3,850 | 28 DEAN LANE |
| 11 Aug 2022 | £158,742 | £158,000 | 24 HIGH PEAK STREET |
| 25 Mar 2022 | £78,295 | £75,000 | APARTMENT 9 59 IVY GRAHAM CLOSE |
| 4 Dec 2020 | £203,493 | £176,000 | 11 IVY GRAHAM CLOSE |
| 16 Nov 2020 | £198,549 | £170,000 | 4 IVY GRAHAM CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 2 Feb 2018. Using an estimated price of £142,877 means this house is valued at £1,957 per sq meter (£181 per sq foot).
The average size of a house on COLCLOUGH CLOSE is 76 sq meters (822 sq feet).