£258,528
This estimated value is based upon the latest sale price for the house of £192,750 on 9 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£192,750 | 9 Aug 2016 |
Detached |
Leasehold |
Floor Area: 69 sq meters or 742 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 August 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £192,750 results in an estimated price of approximately £258,528.
9 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £192,750 | £65,778 | £258,528 |
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 | 42.472 % | £81,864 | £274,614 |
3 Month Average | 29.796 % | £57,431 | £250,181 |
6 Month Average | 29.380 % | £56,629 | £249,379 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £254,459 | £248,000 | 20 ABBEY DRIVE |
13 Nov 2023 | £256,511 | £250,000 | 57 FIELDHEAD AVENUE |
13 Oct 2023 | £268,089 | £262,000 | 20 BELMONT DRIVE |
28 Apr 2023 | £295,528 | £290,000 | 74 GREENHILL ROAD |
13 May 2022 | £269,522 | £262,500 | 19 ABBEY DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Jun 2016. Using an estimated price of £258,528 means this house is valued at £3,746 per sq meter (£348 per sq foot).
The average size of a house on GREENHILL ROAD is 93 sq meters (1,005 sq feet).