£994,771
This estimated value is based upon the latest sale price for the house of £680,000 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £680,000 | 5 Jun 2015 |
| Detached |
| Leasehold |
| Floor Area: 175 sq meters or 1,883 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £680,000 results in an estimated price of approximately £994,771.
| 5 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £680,000 | £314,771 | £994,771 |
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 | 29.322 % | £199,387 | £879,387 |
| 3 Month Average | 50.039 % | £340,267 | £1,020,267 |
| 6 Month Average | 52.370 % | £356,117 | £1,036,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £724,519 | £710,000 | 17 SEAMONS ROAD |
| 16 Jun 2023 | £428,589 | £420,000 | 7 BLAKESWOOD OLDFIELD ROAD |
| 17 Apr 2023 | £356,671 | £350,000 | APARTMENT 1 NORTHWOLD HOUSE DORSET ROAD |
| 29 Mar 2023 | £978,847 | £962,500 | 3 PENNINE DRIVE |
| 24 Mar 2023 | £1,347,503 | £1,325,000 | 8 DORSET ROAD |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 2 Feb 2015. Using an estimated price of £994,771 means this house is valued at £5,684 per sq meter (£528 per sq foot).
The average size of a house on MALVERN DRIVE is 182 sq meters (1,965 sq feet).