£198,703
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Jul 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 31 Jul 2008 |
| £97,000 | 12 Nov 2004 |
| £75,995 | 27 Sep 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 2008 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £120,000 results in an estimated price of approximately £198,703.
| 31 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.586 % | £120,000 | £78,703 | £198,703 |
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 | 110.620 % | £132,743 | £252,743 |
| 3 Month Average | 61.725 % | £74,070 | £194,070 |
| 6 Month Average | 56.359 % | £67,631 | £187,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £239,316 | £235,000 | 23 NORTHWOLD DRIVE |
| 31 Mar 2023 | £335,605 | £330,000 | 14 CASPIAN ROAD |
| 16 Feb 2023 | £229,533 | £228,000 | 18 CAPRICORN ROAD |
| 24 Feb 2022 | £266,227 | £252,000 | 4 CASPIAN ROAD |
| 11 Feb 2022 | £274,679 | £260,000 | 30 CAPRICORN ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 29 May 2013. Using an estimated price of £198,704 means this house is valued at £3,821 per sq meter (£355 per sq foot).
The average size of a house on CAPRICORN ROAD is 72 sq meters (781 sq feet).