£258,953
This estimated value is based upon the latest sale price for the house of £215,000 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£215,000 | 12 Mar 2020 |
£129,500 | 14 Jul 2006 |
Freehold |
Floor Area: 105 sq meters or 1,130 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 March 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £215,000 results in an estimated price of approximately £258,953.
12 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £215,000 | £43,953 | £258,953 |
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 | 30.788 % | £66,194 | £281,194 |
3 Month Average | 0.157 % | £336 | £215,336 |
6 Month Average | 13.396 % | £28,800 | £243,800 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Feb 2023 | £239,839 | £240,000 | 22 DELAMERE ROAD |
19 Apr 2022 | £262,599 | £255,000 | 35 LANGDALE AVENUE |
8 Apr 2022 | £63,075 | £61,250 | 8 ATLAS PLACE |
18 Mar 2022 | £326,423 | £315,000 | 38 DELAMERE ROAD |
14 Jul 2021 | £296,510 | £258,000 | 25 STANHOPE STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 7 Nov 2019. Using an estimated price of £258,954 means this house is valued at £2,466 per sq meter (£229 per sq foot).
The average size of a house on STANHOPE STREET is 101 sq meters (1,092 sq feet).