£362,936
This estimated value is based upon the latest sale price for the house of £173,625 on 5 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £173,625 | 5 Mar 2004 |
| 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 March 2004 the House Price Index for GREATER MANCHESTER was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £173,625 results in an estimated price of approximately £362,936.
| 5 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £173,625 | £189,311 | £362,936 |
The Postcode Pricing Model uses changes in average sales price within the M31 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 | 70.013 % | £121,560 | £295,185 |
| 3 Month Average | 119.828 % | £208,051 | £381,676 |
| 6 Month Average | 132.739 % | £230,468 | £404,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £195,000 | £195,000 | 10 INGLE NOOK CLOSE |
| 6 Nov 2023 | £253,757 | £250,000 | 18A STAMFORD ROAD |
| 21 Jul 2023 | £283,820 | £280,000 | 56 MANCHESTER ROAD |
| 3 Mar 2023 | £206,950 | £205,000 | 30 ST GEORGES ROAD |
| 19 Aug 2022 | £152,589 | £153,000 | 20 INGLE NOOK CLOSE |