£160,766
This estimated value is based upon the latest sale price for the house of £130,000 on 2 Apr 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£130,000 | 2 Apr 2020 |
Semi-Detached |
Freehold |
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 April 2020 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £130,000 results in an estimated price of approximately £160,766.
2 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.667 % | £130,000 | £30,766 | £160,766 |
The Postcode Pricing Model uses changes in average sales price within the WN2 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 | 17.966 % | £23,355 | £153,355 |
3 Month Average | 28.445 % | £36,979 | £166,979 |
6 Month Average | 31.393 % | £40,811 | £170,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £177,506 | £173,000 | 155 CAMBERWELL CRESCENT |
17 Nov 2023 | £161,602 | £157,500 | 17 MONTFORD RISE |
31 Aug 2023 | £173,122 | £170,000 | 23 FINCHLEY CRESCENT |
31 Aug 2023 | £208,765 | £205,000 | 163 ASHBOURNE AVENUE |
27 Jan 2023 | £123,330 | £123,000 | 2 DRYTON WALK |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Mar 2020. Using an estimated price of £160,767 means this house is valued at £2,202 per sq meter (£204 per sq foot).
The average size of a house on ASHBOURNE AVENUE is 74 sq meters (800 sq feet).