£287,316
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 23 Jul 2021 |
| £123,000 | 30 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 July 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £250,000 results in an estimated price of approximately £287,316.
| 23 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £250,000 | £37,316 | £287,316 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | -8.763 % | £-21,906 | £228,093 |
| 3 Month Average | -6.856 % | £-17,140 | £232,859 |
| 6 Month Average | 0.538 % | £1,345 | £251,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £265,393 | £262,000 | 1 TONBRIDGE ROAD |
| 24 Mar 2023 | £275,253 | £272,660 | 26 HARCOURT STREET |
| 21 Jul 2022 | £335,904 | £335,000 | 7 LIVERSTUDD AVENUE |
| 4 Apr 2022 | £169,402 | £164,500 | 9 HARCOURT STREET |
| 24 Feb 2022 | £280,526 | £267,500 | 4 HARRY ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 9 Jul 2021. Using an estimated price of £287,316 means this house is valued at £2,962 per sq meter (£275 per sq foot).
The average size of a house on TONBRIDGE ROAD is 87 sq meters (946 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).