£320,951
This estimated value is based upon the latest sale price for the house of £174,999 on 30 Jan 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £174,999 | 30 Jan 2009 |
| Detached |
| Freehold |
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 January 2009 the House Price Index for GREATER MANCHESTER was 81.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.402%.Applying this 83.402% change to the original purchase price of £174,999 results in an estimated price of approximately £320,951.
| 30 Jan 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 148.6 | 83.402 % | £174,999 | £145,952 | £320,951 |
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 | 56.374 % | £98,653 | £273,652 |
| 3 Month Average | 83.853 % | £146,742 | £321,741 |
| 6 Month Average | 111.809 % | £195,664 | £370,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £335,287 | £331,000 | 3 CHERRY AVENUE |
| 11 Jul 2022 | £195,526 | £195,000 | 73 CORNWALL STREET |
| 25 Jan 2022 | £262,576 | £249,500 | 19 CHERRY AVENUE |
| 6 Aug 2021 | £223,123 | £200,000 | 11 PAPRIKA CLOSE |
| 18 Dec 2020 | £212,327 | £185,000 | 48 PAPRIKA CLOSE |