£187,063
This estimated value is based upon the latest sale price for the house of £124,950 on 24 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 | 24 Oct 2014 |
| £71,000 | 28 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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.
| 24 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 M11 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 | 141.048 % | £176,239 | £301,189 |
| 3 Month Average | 150.293 % | £187,791 | £312,741 |
| 6 Month Average | 115.459 % | £144,266 | £269,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £240,000 | £240,000 | 311 NORTH ROAD |
| 5 Jun 2023 | £196,379 | £194,000 | 109 SEYMOUR ROAD SOUTH |
| 17 Mar 2023 | £176,664 | £175,000 | 85 SEYMOUR ROAD SOUTH |
| 15 Mar 2023 | £161,522 | £160,000 | 134 NORTH ROAD |
| 14 Oct 2022 | £207,763 | £210,000 | 32 NORTH CRESCENT |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Jul 2014. Using an estimated price of £187,063 means this house is valued at £2,429 per sq meter (£225 per sq foot).
There is one other house on the street which we know the size of, this is 17 SEYMOUR AVENUE it is 91.0