Full Address

M7 4AS

Estimated Market Value


This estimated value is based upon the latest sale price for the house of £285,000 on 12 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER1

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Transactions for this house
Price PaidDate
£285,00012 Sep 2007
House Details

House Price Models

Land Registry House Price Index Model

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 September 2007 the House Price Index for GREATER MANCHESTER was 108.1.

The House Price Index as of 1 Jun 2019 is 127.7 which is a change of 18.179%.

Applying this 18.179% change to the original purchase price of £285,000 gives us an estimated price now of around £336,808.

12 Sep 2007 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
108.1 127.7 18.179 % £285,000 £51,808 £336,808

The Postcode Pricing Model uses changes in average sales price within the M7 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 -3.933 % £-11,208 £273,791
3 Month Average 28.068 % £79,993 £364,993
6 Month Average 28.690 % £81,766 £366,766

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In September 2007 the average sale price for the 50 nearest sales within three quarters of a mile of 21 LEICESTER ROAD was £145,836.

In October 2019 the average sale price for the 50 nearest sales was £165,689. This is a change of 13.614%.

So taking the original purchase price of £285,000 and adjusting it by 13.614% gives an estimated price of £323,798.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 12 Sep 2007 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£145,836 £165,689 13.614 % £285,000 £38,798 £323,798
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
17 May 2019 £186,171 £185,000 22 HEATON STREET
17 Jan 2019 £211,092 £210,000 3 NORMAN ROAD
20 Dec 2018 £150,448 £150,000 42 HEATON STREET
17 Dec 2018 £236,705 £236,000 78 LEICESTER ROAD
13 Dec 2018 £280,837 £280,000 13 CLEVELEYS GROVE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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