£197,266
This estimated value is based upon the latest sale price for the house of £148,500 on 6 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £148,500 | 6 Sep 2016 |
| £146,000 | 6 Jan 2011 |
| £149,995 | 19 Nov 2004 |
| £74,950 | 23 Aug 2002 |
| £47,500 | 15 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £148,500 results in an estimated price of approximately £197,266.
| 6 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £148,500 | £48,766 | £197,266 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | -30.634 % | £-45,490 | £103,009 |
| 3 Month Average | -4.231 % | £-6,283 | £142,216 |
| 6 Month Average | 11.807 % | £17,533 | £166,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £243,607 | £240,000 | 8 MORETON DRIVE |
| 3 Feb 2023 | £274,815 | £275,000 | 57 COTSWOLD CRESCENT |
| 27 May 2022 | £236,455 | £232,000 | 27 COTSWOLD CRESCENT |
| 4 Mar 2022 | £445,593 | £430,000 | 23 MORETON DRIVE |
| 6 Dec 2021 | £257,131 | £240,000 | 20 SHIPSTON CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Feb 2015. Using an estimated price of £197,266 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on ALCESTER CLOSE is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ainsworth Road |