£350,289
This estimated value is based upon the latest sale price for the house of £240,000 on 8 May 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £240,000 | 8 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £240,000 results in an estimated price of approximately £350,289.
| 8 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £240,000 | £110,289 | £350,289 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 51.789 % | £124,292 | £364,292 |
| 3 Month Average | 34.107 % | £81,856 | £321,856 |
| 6 Month Average | 41.462 % | £99,508 | £339,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £189,928 | £187,500 | 5 FARM LANE |
| 29 Sep 2023 | £281,601 | £278,000 | 63 FOXHOLES ROAD |
| 1 Sep 2023 | £231,966 | £229,000 | 6 APETHORN LANE |
| 24 Feb 2023 | £464,687 | £465,000 | 42 APETHORN LANE |
| 25 Nov 2022 | £187,232 | £189,500 | 7 DALE VIEW |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Jan 2015. Using an estimated price of £350,290 means this house is valued at £3,807 per sq meter (£353 per sq foot).
The average size of a house on APETHORN LANE is 84 sq meters (908 sq feet).