£230,129
This estimated value is based upon the latest sale price for the house of £185,000 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £185,000 | 15 Jun 2018 |
| £170,000 | 31 Mar 2014 |
| Semi-Detached |
| Leasehold |
| 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 June 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £185,000 results in an estimated price of approximately £230,129.
| 15 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £185,000 | £45,129 | £230,129 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 132.685 % | £245,466 | £430,466 |
| 3 Month Average | 69.092 % | £127,820 | £312,820 |
| 6 Month Average | 60.638 % | £112,179 | £297,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £355,000 | £355,000 | 11 STOKESAY CLOSE |
| 2 Feb 2023 | £265,821 | £266,000 | 72 LEYTON DRIVE |
| 23 Jun 2022 | £4,057 | £4,000 | 4 WOBURN DRIVE |
| 11 Mar 2022 | £300,516 | £290,000 | 41 LEYTON DRIVE |
| 30 Sep 2021 | £296,338 | £275,000 | 26 WOBURN DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Feb 2014. Using an estimated price of £230,129 means this house is valued at £2,806 per sq meter (£260 per sq foot).
The average size of a house on HAMPSON MILL LANE is 111 sq meters (1,203 sq feet).