£286,116
This estimated value is based upon the latest sale price for the house of £280,000 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£280,000 | 17 Jun 2022 |
£171,000 | 14 Nov 2011 |
£148,000 | 14 Aug 2003 |
£69,000 | 17 Jul 1998 |
Semi-Detached |
Leasehold |
Floor Area: 100 sq meters or 1,086 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 June 2022 the House Price Index for GREATER MANCHESTER was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £280,000 results in an estimated price of approximately £286,116.
17 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £280,000 | £6,116 | £286,116 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | -16.747 % | £-46,892 | £233,107 |
3 Month Average | -6.085 % | £-17,038 | £262,961 |
6 Month Average | -0.154 % | £-429 | £279,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Sep 2024 | £175,000 | £175,000 | FLAT 4 COLVILLE DRIVE |
1 May 2024 | £212,500 | £212,500 | 25 KENMOR AVENUE |
10 Apr 2024 | £242,102 | £240,000 | 16 EDGWORTH DRIVE |
1 Mar 2024 | £218,355 | £215,000 | 30 KENMOR AVENUE |
29 Jun 2023 | £244,908 | £240,000 | 44 NEWINGTON DRIVE |
This house has a floor area of 100 sq meters or 1,086 sq feet when measured on 29 Mar 2011. Using an estimated price of £286,116 means this house is valued at £2,833 per sq meter (£263 per sq foot).
The average size of a house on NEWINGTON DRIVE is 92 sq meters (996 sq feet).