£114,643
This estimated value is based upon the latest sale price for the house of £92,800 on 26 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £92,800 | 26 Mar 2019 |
| £97,500 | 18 Jun 2005 |
| £48,000 | 2 May 2003 |
| £39,500 | 17 Jul 2000 |
| £21,500 | 15 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £92,800 results in an estimated price of approximately £114,643.
| 26 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £92,800 | £21,843 | £114,643 |
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 | 53.867 % | £49,988 | £142,788 |
| 3 Month Average | 2.808 % | £2,606 | £95,406 |
| 6 Month Average | 17.318 % | £16,070 | £108,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £137,029 | £135,000 | 16 GREENWAY AVENUE |
| 20 Sep 2023 | £236,524 | £233,500 | 122 BROOM LANE |
| 28 Jul 2023 | £253,411 | £250,000 | 124 BROOM LANE |
| 1 Feb 2023 | £69,953 | £70,000 | 152 BROOM LANE |
| 18 Mar 2022 | £231,605 | £223,500 | 11 LOSTOCK AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 14 Sep 2012. Using an estimated price of £114,644 means this house is valued at £1,849 per sq meter (£171 per sq foot).
The average size of a house on CRANAGE ROAD is 81 sq meters (879 sq feet).