£156,512
This estimated value is based upon the latest sale price for the house of £135,000 on 13 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £135,000 | 13 Nov 2020 |
| £106,500 | 8 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £135,000 results in an estimated price of approximately £156,512.
| 13 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £135,000 | £21,512 | £156,512 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 21.421 % | £28,918 | £163,918 |
| 3 Month Average | 40.246 % | £54,331 | £189,331 |
| 6 Month Average | 27.871 % | £37,626 | £172,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £201,902 | £200,000 | 3 CROSFIELD GROVE |
| 31 May 2022 | £79,498 | £78,000 | FLAT 3 620 HYDE ROAD |
| 28 Jan 2022 | £242,054 | £230,000 | 55 HAWORTH ROAD |
| 17 Dec 2021 | £95,353 | £89,000 | 5 OAKFIELD GROVE |
| 17 Sep 2021 | £161,639 | £150,000 | 31 HAWORTH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 28 Feb 2017. Using an estimated price of £156,513 means this house is valued at £1,597 per sq meter (£148 per sq foot).
The average size of a house on PEACOCK GROVE is 105 sq meters (1,136 sq feet).