£197,836
This estimated value is based upon the latest sale price for the house of £115,000 on 29 Mar 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£115,000 | 29 Mar 2011 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 March 2011 the House Price Index for GREATER MANCHESTER was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £115,000 results in an estimated price of approximately £197,836.
29 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 148.6 | 72.032 % | £115,000 | £82,836 | £197,836 |
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 | 158.039 % | £181,744 | £296,744 |
3 Month Average | 65.172 % | £74,947 | £189,947 |
6 Month Average | 93.368 % | £107,373 | £222,373 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £243,785 | £240,668 | 64 CRINGLE ROAD |
12 Sep 2023 | £303,885 | £300,000 | 40 CRINGLE ROAD |
20 Jul 2023 | £405,457 | £400,000 | 41 CRINGLE ROAD |
2 Jun 2023 | £496,008 | £490,000 | 23 CORRINGHAM ROAD |
19 Jan 2022 | £384,129 | £365,000 | 22 LLOYD ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Jul 2016. Using an estimated price of £197,837 means this house is valued at £2,222 per sq meter (£206 per sq foot).
The average size of a house on MILFORD DRIVE is 106 sq meters (1,150 sq feet).