£155,291
This estimated value is based upon the latest sale price for the house of £124,500 on 8 May 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £124,500 | 8 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £124,500 results in an estimated price of approximately £155,291.
| 8 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £124,500 | £30,791 | £155,291 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 111.258 % | £138,516 | £263,016 |
| 3 Month Average | 33.934 % | £42,247 | £166,747 |
| 6 Month Average | 25.632 % | £31,912 | £156,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £138,422 | £136,000 | 255 CHARLESTOWN ROAD |
| 19 Sep 2023 | £172,202 | £170,000 | 205 CHARLESTOWN ROAD |
| 8 Sep 2023 | £189,422 | £187,000 | 50 OSTERLEY ROAD |
| 15 Aug 2023 | £146,280 | £145,000 | 231 CHARLESTOWN ROAD |
| 31 Jul 2023 | £192,592 | £190,000 | 11 WEYBOURNE AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Oct 2017. Using an estimated price of £155,291 means this house is valued at £1,893 per sq meter (£175 per sq foot).
The average size of a house on CHARLESTOWN ROAD is 107 sq meters (1,154 sq feet).