£89,843
This estimated value is based upon the latest sale price for the house of £35,000 on 1 Nov 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £35,000 | 1 Nov 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 125 sq meters or 1,345 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 2002 the House Price Index for GREATER MANCHESTER was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £35,000 results in an estimated price of approximately £89,843.
| 1 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £35,000 | £54,843 | £89,843 |
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 | 389.349 % | £136,271 | £171,271 |
| 3 Month Average | 255.072 % | £89,275 | £124,275 |
| 6 Month Average | 325.741 % | £114,009 | £149,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £247,075 | £243,750 | 58 CROMWELL GROVE |
| 26 Jun 2023 | £251,041 | £248,000 | 31 MONTREAL STREET |
| 24 Apr 2023 | £224,416 | £222,000 | 36 MONTREAL STREET |
| 28 Feb 2023 | £144,902 | £145,000 | 15 WESTMINSTER STREET |
| 3 Feb 2023 | £184,876 | £185,000 | 4 WETHERALL STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 10 Dec 2013. Using an estimated price of £89,843 means this house is valued at £718 per sq meter (£66 per sq foot).
The average size of a house on CROMWELL GROVE is 117 sq meters (1,268 sq feet).