£184,846
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £150,000 | 12 Oct 2018 |
| £110,500 | 28 Feb 2008 |
| £25,000 | 12 Dec 1997 |
| £15,000 | 11 Sep 1997 |
| £8,000 | 26 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £150,000 results in an estimated price of approximately £184,846.
| 12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £150,000 | £34,846 | £184,846 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 58.034 % | £87,050 | £237,050 |
| 3 Month Average | 12.160 % | £18,240 | £168,240 |
| 6 Month Average | 28.878 % | £43,316 | £193,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £213,740 | £210,000 | 37 GRIFFIN GROVE |
| 14 Apr 2023 | £217,340 | £215,000 | 7 GRIFFIN GROVE |
| 31 Mar 2023 | £238,245 | £236,000 | 9 MAY GROVE |
| 18 Jan 2023 | £268,734 | £270,000 | 15 PASCAL STREET |
| 18 Jul 2022 | £255,688 | £255,000 | 10 PASCAL STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Jul 2014. Using an estimated price of £184,846 means this house is valued at £2,532 per sq meter (£235 per sq foot).
The average size of a house on GRIFFIN GROVE is 84 sq meters (909 sq feet).