Full Address

M38 9WZ

Estimated Market Value


This estimated value is based upon the latest sale price for the house of £125,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER1

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Transactions for this house
Price PaidDate
£125,00016 Aug 2019
£69,0009 May 2013
House Details

House Price Models

Land Registry House Price Index Model

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 August 2019 the House Price Index for GREATER MANCHESTER was 129.7.

The House Price Index as of 1 Dec 2019 is 131.5 which is a change of 1.323%.

Applying this 1.323% change to the original purchase price of £125,000 gives us an estimated price now of around £126,653.

16 Aug 2019 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
129.7 131.5 1.323 % £125,000 £1,653 £126,653

The Postcode Pricing Model uses changes in average sales price within the M38 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 30.574 % £38,217 £163,217
3 Month Average 9.725 % £12,156 £137,156
6 Month Average 7.094 % £8,867 £133,867
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
27 Sep 2019 £57,580 £57,000 26 CRESTFOLD
16 Aug 2019 £126,653 £125,000 60 CONISTON AVENUE
19 Jul 2019 £116,951 £115,000 1 CORRIE STREET
24 May 2019 £124,638 £120,500 53 MOUNT SKIP LANE
11 Jan 2019 £128,211 £124,000 32 BEECHFIELD AVENUE

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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