£249,146
This estimated value is based upon the latest sale price for the house of £235,000 on 17 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £235,000 | 17 Jan 2022 |
| £140,000 | 24 Nov 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 January 2022 the House Price Index for GREATER MANCHESTER was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £235,000 results in an estimated price of approximately £249,146.
| 17 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £235,000 | £14,146 | £249,146 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | -16.270 % | £-38,234 | £196,765 |
| 3 Month Average | 10.520 % | £24,722 | £259,722 |
| 6 Month Average | 25.992 % | £61,081 | £296,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £152,500 | £152,500 | 24 HIGHGATE |
| 8 Sep 2023 | £260,748 | £255,000 | 31 HIGHGATE |
| 8 Jul 2022 | £181,822 | £180,000 | 8 TAYWOOD ROAD |
| 25 May 2022 | £204,323 | £199,000 | 12 TAYWOOD ROAD |
| 23 Mar 2022 | £177,469 | £170,000 | 61 WINSLOW ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 9 May 2017. Using an estimated price of £249,147 means this house is valued at £3,460 per sq meter (£321 per sq foot).
The average size of a house on HIGHGATE is 90 sq meters (977 sq feet).