£295,253
This estimated value is based upon the latest sale price for the house of £273,000 on 22 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £273,000 | 22 Nov 2021 |
| £165,000 | 4 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 November 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £273,000 results in an estimated price of approximately £295,253.
| 22 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £273,000 | £22,253 | £295,253 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | -0.169 % | £-461 | £272,538 |
| 3 Month Average | -1.104 % | £-3,013 | £269,986 |
| 6 Month Average | -12.054 % | £-32,908 | £240,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £529,633 | £525,000 | 95 TEMPLECOMBE DRIVE |
| 21 Jul 2023 | £301,559 | £297,500 | 5 GREYSTOKE DRIVE |
| 13 Jul 2023 | £319,297 | £315,000 | 94 TEMPLECOMBE DRIVE |
| 30 Nov 2022 | £311,181 | £314,950 | 25 WHITEHILL LANE |
| 10 Jun 2022 | £304,300 | £300,000 | 24 WINCANTON DRIVE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 19 Jul 2021. Using an estimated price of £295,253 means this house is valued at £2,923 per sq meter (£271 per sq foot).
The average size of a house on TEMPLECOMBE DRIVE is 98 sq meters (1,063 sq feet).