£346,769
This estimated value is based upon the latest sale price for the house of £272,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £272,000 | 28 Jul 2017 |
| £192,500 | 16 Apr 2010 |
| £175,000 | 10 Sep 2004 |
| £73,000 | 15 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,285 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 2017 the House Price Index for GREATER MANCHESTER was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £272,000 results in an estimated price of approximately £346,769.
| 28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £272,000 | £74,769 | £346,769 |
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 | 44.165 % | £120,128 | £392,128 |
| 3 Month Average | 33.333 % | £90,666 | £362,666 |
| 6 Month Average | 41.484 % | £112,837 | £384,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £289,283 | £285,000 | 2 MAYFIELD AVENUE |
| 28 Jun 2023 | £184,232 | £182,000 | 17 BASLOW GROVE |
| 6 Apr 2023 | £235,283 | £232,750 | 6 BASLOW GROVE |
| 6 Apr 2023 | £298,211 | £295,000 | 207 REDDISH ROAD |
| 7 Mar 2023 | £264,492 | £262,000 | 257 REDDISH ROAD |
This house has a floor area of 119 sq meters or 1,285 sq feet when measured on 15 Apr 2009. Using an estimated price of £346,770 means this house is valued at £2,902 per sq meter (£269 per sq foot).
The average size of a house on REDDISH ROAD is 92 sq meters (997 sq feet).