£306,036
This estimated value is based upon the latest sale price for the house of £284,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£284,000 | 28 Sep 2021 |
£235,000 | 20 Nov 2015 |
£117,500 | 8 Feb 2001 |
£105,000 | 26 Feb 1999 |
Detached |
Leasehold |
Floor Area: 85 sq meters or 914 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 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £284,000 results in an estimated price of approximately £306,036.
28 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £284,000 | £22,036 | £306,036 |
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 | -2.070 % | £-5,878 | £278,121 |
3 Month Average | -5.225 % | £-14,838 | £269,161 |
6 Month Average | -15.861 % | £-45,046 | £238,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £206,000 | £206,000 | 8 ELEANOR STREET |
3 Mar 2023 | £285,692 | £283,000 | 15 THORNHAM DRIVE |
3 Feb 2023 | £239,839 | £240,000 | 245 ASHWORTH LANE |
30 Jan 2023 | £358,312 | £360,000 | 6 HATHAWAY DRIVE |
27 Jan 2023 | £581,262 | £584,000 | 253 ASHWORTH LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Jan 2014. Using an estimated price of £306,036 means this house is valued at £3,600 per sq meter (£334 per sq foot).
The average size of a house on HAMNET CLOSE is 160 sq meters (1,729 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).