£1,578,762
This estimated value is based upon the latest sale price for the house of £1,062,500 on 19 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £1,062,500 | 19 Sep 2014 |
| £675,000 | 15 Jul 2002 |
| £495,000 | 17 Jan 2000 |
| £240,000 | 31 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 273 sq meters or 2,938 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 2014 the House Price Index for GREATER MANCHESTER was 98.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 48.589%.Applying this 48.589% change to the original purchase price of £1,062,500 results in an estimated price of approximately £1,578,762.
| 19 Sep 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 146.7 | 48.589 % | £1,062,500 | £516,262 | £1,578,762 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 60.960 % | £647,695 | £1,710,195 |
| 3 Month Average | -0.584 % | £-6,202 | £1,056,297 |
| 6 Month Average | 46.682 % | £495,999 | £1,558,499 |
This house has a floor area of 273 sq meters or 2,938 sq feet when measured on 17 Jul 2014.
The average size of a house on GROBY PLACE is 334 sq meters (3,600 sq feet).