£153,785
This estimated value is based upon the latest sale price for the house of £125,000 on 22 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£125,000 | 22 Feb 2019 |
£122,000 | 29 Nov 2013 |
£100,000 | 8 Aug 2003 |
Semi-Detached |
Leasehold |
Floor Area: 68 sq meters or 731 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 February 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £125,000 results in an estimated price of approximately £153,785.
22 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 23.028 % | £125,000 | £28,785 | £153,785 |
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 | 117.038 % | £146,298 | £271,298 |
3 Month Average | 28.761 % | £35,950 | £160,950 |
6 Month Average | 23.925 % | £29,905 | £154,905 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £191,814 | £190,000 | 9 CHINNOR CLOSE |
2 Jun 2023 | £214,741 | £213,000 | 36 CHILTON CLOSE |
1 Nov 2022 | £157,447 | £160,000 | 337 LEIGH ROAD |
28 Sep 2022 | £128,438 | £130,000 | 728 LEIGH ROAD |
24 Aug 2022 | £288,054 | £290,000 | 6 BLEWBURY CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 19 Nov 2012. Using an estimated price of £153,785 means this house is valued at £2,261 per sq meter (£210 per sq foot).
The average size of a house on CHINNOR CLOSE is 83 sq meters (903 sq feet).