£168,054
This estimated value is based upon the latest sale price for the house of £154,246 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £154,246 | 26 Nov 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 November 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £154,246 results in an estimated price of approximately £168,054.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £154,246 | £13,808 | £168,054 |
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 | 19.079 % | £29,429 | £183,675 |
| 3 Month Average | 40.095 % | £61,844 | £216,090 |
| 6 Month Average | 7.042 % | £10,862 | £165,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £351,337 | £345,000 | 4 HOLCOMBE CLOSE |
| 22 Jun 2022 | £671,862 | £657,500 | 24 WALTON ROAD |
| 13 Apr 2022 | £352,723 | £340,000 | 6 BRADBURY AVENUE |
| 26 Nov 2021 | £168,054 | £154,246 | 8 MALTON DRIVE |
| 24 Jun 2021 | £345,877 | £320,000 | 15 HONITON WAY |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 22 Oct 2021. Using an estimated price of £168,054 means this house is valued at £2,710 per sq meter (£251 per sq foot).
The average size of a house on MALTON DRIVE is 86 sq meters (925 sq feet).