£105,143
This estimated value is based upon the latest sale price for the house of £85,100 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£85,100 | 22 Nov 2019 |
Terraced |
Leasehold |
Floor Area: 75 sq meters or 807 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £85,100 results in an estimated price of approximately £105,143.
22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £85,100 | £20,043 | £105,143 |
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 | 27.382 % | £23,302 | £108,402 |
3 Month Average | 40.810 % | £34,729 | £119,829 |
6 Month Average | 51.267 % | £43,628 | £128,728 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £200,000 | £200,000 | 42 DAISY BANK |
22 Sep 2023 | £153,381 | £150,000 | 7 TETLOW STREET |
14 Aug 2023 | £152,755 | £150,000 | 138 DROYLSDEN ROAD |
14 Feb 2023 | £126,847 | £126,000 | 25 CROSBY ROAD |
10 Mar 2022 | £156,590 | £150,000 | 1 MABEL STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Sep 2019. Using an estimated price of £105,143 means this house is valued at £1,401 per sq meter (£130 per sq foot).
The average size of a house on CROSBY ROAD is 84 sq meters (910 sq feet).