£216,609
This estimated value is based upon the latest sale price for the house of £215,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £215,000 | 21 Apr 2023 |
| £141,000 | 19 Aug 2016 |
| £44,000 | 31 Mar 2000 |
| £44,000 | 31 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 April 2023 the House Price Index for GREATER MANCHESTER was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £215,000 results in an estimated price of approximately £216,609.
| 21 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £215,000 | £1,609 | £216,609 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 81.554 % | £175,340 | £390,340 |
| 3 Month Average | 1.177 % | £2,530 | £217,530 |
| 6 Month Average | -1.672 % | £-3,595 | £211,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £166,010 | £165,000 | 10 SANDGATE CLOSE |
| 11 Aug 2023 | £201,224 | £200,000 | 4 SANDGATE CLOSE |
| 8 Aug 2023 | £503 | £500 | 2 RADCLIFFE GROVE |
| 21 Apr 2023 | £216,610 | £215,000 | 1 RIPLEY DRIVE |
| 15 Mar 2023 | £452 | £450 | 150 HOPE STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Apr 2016. Using an estimated price of £216,610 means this house is valued at £2,927 per sq meter (£271 per sq foot).
The average size of a house on RIPLEY DRIVE is 106 sq meters (1,147 sq feet).