£2,213,817
This estimated value is based upon the latest sale price for the house of £1,300,000 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £1,300,000 | 28 Sep 2012 |
| Detached |
| Freehold |
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 September 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £1,300,000 results in an estimated price of approximately £2,213,817.
| 28 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £1,300,000 | £913,817 | £2,213,817 |
The Postcode Pricing Model uses changes in average sales price within the WA15 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 | 70.792 % | £920,298 | £2,220,298 |
| 3 Month Average | 14.988 % | £194,843 | £1,494,843 |
| 6 Month Average | 57.138 % | £742,792 | £2,042,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £1,898,722 | £1,900,000 | THE QUINTA PARK LANE |
| 27 May 2022 | £2,751,852 | £2,700,000 | BROOK HEYES ALAN DRIVE |
| 18 Feb 2022 | £2,516,867 | £2,400,000 | 8 RAPPAX ROAD |
| 3 Feb 2022 | £1,520,607 | £1,450,000 | 24C HILL TOP |
| 28 Jan 2022 | £1,842,766 | £1,751,000 | CHESTNUT HOUSE PARK LANE |