£108,753
This estimated value is based upon the latest sale price for the house of £69,950 on 30 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£69,950 | 30 Oct 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 October 2007 the House Price Index for GREATER MANCHESTER was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £69,950 results in an estimated price of approximately £108,753.
30 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £69,950 | £38,803 | £108,753 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 47.510 % | £33,233 | £103,183 |
3 Month Average | 28.551 % | £19,971 | £89,921 |
6 Month Average | 41.592 % | £29,093 | £99,043 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £67,729 | £67,000 | APARTMENT 82 FRESHFIELDS SPINDLETREE AVENUE |
8 Jul 2022 | £53,143 | £53,000 | APARTMENT 10 FRESHFIELDS SPINDLETREE AVENUE |
1 Oct 2019 | £68,674 | £56,000 | APARTMENT 23 FRESHFIELDS SPINDLETREE AVENUE |
12 Sep 2019 | £88,341 | £72,000 | APARTMENT 77 FRESHFIELDS SPINDLETREE AVENUE |
11 Apr 2019 | £105,056 | £84,950 | APARTMENT 90 FRESHFIELDS SPINDLETREE AVENUE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 18 May 2020. Using an estimated price of £108,754 means this house is valued at £2,652 per sq meter (£246 per sq foot).
The average size of a house on SPINDLETREE AVENUE is 63 sq meters (688 sq feet).