£280,696
This estimated value is based upon the latest sale price for the house of £119,000 on 30 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £119,000 | 30 Jun 2003 |
| £65,000 | 29 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 June 2003 the House Price Index for GREATER MANCHESTER was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £119,000 results in an estimated price of approximately £280,696.
| 30 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £119,000 | £161,696 | £280,696 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 245.982 % | £292,718 | £411,718 |
| 3 Month Average | 176.794 % | £210,384 | £329,384 |
| 6 Month Average | 244.572 % | £291,040 | £410,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £296,997 | £293,000 | 108 CRINGLE ROAD |
| 31 Mar 2023 | £227,140 | £225,000 | 7 HILLCREST DRIVE |
| 14 Oct 2022 | £242,885 | £245,500 | 78 CRINGLE ROAD |
| 6 Aug 2021 | £320,740 | £287,500 | 61 MILFORD DRIVE |
| 29 Jul 2020 | £318,020 | £263,000 | 93 CRINGLE ROAD |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 12 Jul 2013. Using an estimated price of £280,696 means this house is valued at £1,990 per sq meter (£184 per sq foot).
The average size of a house on MILFORD DRIVE is 106 sq meters (1,150 sq feet).