£197,629
This estimated value is based upon the latest sale price for the house of £149,995 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £149,995 | 18 Nov 2016 |
| £45,000 | 7 Apr 1997 |
| Semi-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 November 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £149,995 results in an estimated price of approximately £197,629.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £149,995 | £47,634 | £197,629 |
The Postcode Pricing Model uses changes in average sales price within the M34 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 | 51.780 % | £77,667 | £227,662 |
| 3 Month Average | 48.900 % | £73,347 | £223,342 |
| 6 Month Average | 46.368 % | £69,550 | £219,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £280,000 | £280,000 | 32 HULME ROAD |
| 3 Jul 2023 | £233,138 | £230,000 | 32 ASHWOOD AVENUE |
| 31 Mar 2023 | £253,892 | £251,500 | 43 HULME ROAD |
| 24 Feb 2023 | £254,829 | £255,000 | 8 HULME ROAD |
| 22 Apr 2022 | £272,897 | £265,000 | 2 ASHWOOD AVENUE |