£156,493
This estimated value is based upon the latest sale price for the house of £127,000 on 11 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £127,000 | 11 May 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £127,000 results in an estimated price of approximately £156,493.
| 11 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £127,000 | £29,493 | £156,493 |
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 | 33.890 % | £43,040 | £170,040 |
| 3 Month Average | 28.647 % | £36,381 | £163,381 |
| 6 Month Average | 37.800 % | £48,005 | £175,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £271,159 | £265,000 | 22 HAWTHORN ROAD |
| 19 Sep 2023 | £205,531 | £201,000 | 29 EASTWOOD ROAD |
| 28 Apr 2023 | £229,289 | £225,000 | 4 HAWTHORN ROAD |
| 20 Jan 2023 | £286,265 | £285,500 | 21 HAWTHORN ROAD |
| 30 Nov 2022 | £228,930 | £230,000 | 108 MOSTON LANE EAST |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 13 Apr 2015. Using an estimated price of £156,494 means this house is valued at £2,745 per sq meter (£255 per sq foot).
The average size of a house on BANNATYNE CLOSE is 103 sq meters (1,116 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).