£125,699
This estimated value is based upon the latest sale price for the house of £39,950 on 18 Jan 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £39,950 | 18 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
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 January 2002 the House Price Index for GREATER MANCHESTER was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £39,950 results in an estimated price of approximately £125,699.
| 18 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £39,950 | £85,749 | £125,699 |
The Postcode Pricing Model uses changes in average sales price within the M34 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 | 294.106 % | £117,495 | £157,445 |
| 3 Month Average | 280.377 % | £112,010 | £151,960 |
| 6 Month Average | 283.382 % | £113,211 | £153,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £175,000 | £175,000 | 15 KESTREL AVENUE |
| 15 Mar 2024 | £223,433 | £220,000 | 28 LINNET CLOSE |
| 1 Nov 2023 | £266,772 | £260,000 | 3 LINNET CLOSE |
| 13 Oct 2023 | £260,926 | £255,000 | 5 NIGHTINGALE DRIVE |
| 16 Jun 2023 | £188,783 | £185,000 | 3 BRAMBLING CLOSE |