£187,063
This estimated value is based upon the latest sale price for the house of £124,950 on 7 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £124,950 | 7 Oct 2014 |
| £169,950 | 25 Aug 2006 |
| Terraced |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £124,950 results in an estimated price of approximately £187,063.
| 7 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £124,950 | £62,113 | £187,063 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 260.731 % | £325,783 | £450,733 |
| 3 Month Average | 57.319 % | £71,620 | £196,570 |
| 6 Month Average | 55.712 % | £69,611 | £194,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £76,697 | £75,355 | 14 HILLINGDON DRIVE |
| 29 Nov 2023 | £263,907 | £260,000 | 345 CHARLESTOWN ROAD |
| 5 Jul 2023 | £168,265 | £166,000 | 381 CHARLESTOWN ROAD |
| 3 Feb 2023 | £84,943 | £85,000 | FLAT 17 THE OAKS, 1 AINSBROOK AVENUE |
| 18 Aug 2022 | £122,670 | £123,000 | 373 CHARLESTOWN ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 7 Jun 2013. Using an estimated price of £187,063 means this house is valued at £1,640 per sq meter (£152 per sq foot).
The average size of a house on CHARLESTOWN ROAD is 107 sq meters (1,154 sq feet).