£105,888
This estimated value is based upon the latest sale price for the house of £65,000 on 15 Feb 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 15 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 February 2007 the House Price Index for GREATER MANCHESTER was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £65,000 results in an estimated price of approximately £105,888.
| 15 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £65,000 | £40,888 | £105,888 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 61.943 % | £40,263 | £105,263 |
| 3 Month Average | 35.506 % | £23,078 | £88,078 |
| 6 Month Average | 62.847 % | £40,850 | £105,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £192,855 | £190,000 | 11 BLUEBERRY AVENUE |
| 6 Nov 2023 | £116,728 | £115,000 | 75 BLANDFORD DRIVE |
| 31 Aug 2023 | £95,838 | £95,000 | 16K BLUEBERRY AVENUE |
| 5 Apr 2023 | £131,415 | £130,000 | 7 METFIELD WALK |
| 3 Mar 2023 | £185,750 | £184,000 | 27 BRANSTON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 15 May 2013. Using an estimated price of £105,889 means this house is valued at £1,245 per sq meter (£115 per sq foot).