£323,341
This estimated value is based upon the latest sale price for the house of £267,000 on 2 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £267,000 | 2 Jun 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £267,000 results in an estimated price of approximately £323,341.
| 2 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £267,000 | £56,341 | £323,341 |
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 | 49591.840 % | £132,410,213 | £132,677,213 |
| 3 Month Average | 34.323 % | £91,643 | £358,643 |
| 6 Month Average | 16.113 % | £43,022 | £310,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £496,008 | £490,000 | 23 CORRINGHAM ROAD |
| 19 Jan 2022 | £384,129 | £365,000 | 22 LLOYD ROAD |
| 12 Nov 2021 | £129,782 | £120,000 | APARTMENT 55 8 LLOYD ROAD |
| 16 Jul 2021 | £285,592 | £248,500 | 5 CORRINGHAM ROAD |
| 29 Jun 2021 | £150,209 | £140,000 | APARTMENT 43 6 LLOYD ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Nov 2019. Using an estimated price of £323,341 means this house is valued at £3,514 per sq meter (£326 per sq foot).
The average size of a house on CRINGLE ROAD is 104 sq meters (1,129 sq feet).