£393,667
This estimated value is based upon the latest sale price for the house of £169,450 on 18 Jul 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £169,450 | 18 Jul 2003 |
| Detached |
| Leasehold |
| Floor Area: 107 sq meters or 1,158 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 July 2003 the House Price Index for GREATER MANCHESTER was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £169,450 results in an estimated price of approximately £393,667.
| 18 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £169,450 | £224,217 | £393,667 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 162.034 % | £274,566 | £444,016 |
| 3 Month Average | 199.603 % | £338,227 | £507,677 |
| 6 Month Average | 211.203 % | £357,883 | £527,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £268,615 | £265,000 | 41 DOWN GREEN ROAD |
| 17 Jan 2023 | £325,965 | £327,500 | OAKHAVEN LOWER GOODWIN FOLD |
| 28 Jul 2022 | £360,972 | £360,000 | 7 APPLEDORE DRIVE |
| 15 Jul 2022 | £280,756 | £280,000 | 15 DOWN GREEN ROAD |
| 11 Jul 2022 | £285,769 | £285,000 | 20 DOWN GREEN ROAD |
This house has a floor area of 107 sq meters or 1,158 sq feet when measured on 30 Sep 2008. Using an estimated price of £393,667 means this house is valued at £3,658 per sq meter (£339 per sq foot).
The average size of a house on CROYDE CLOSE is 145 sq meters (1,569 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,158 sq feet).