£195,302
This estimated value is based upon the latest sale price for the house of £84,950 on 8 Sep 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £84,950 | 8 Sep 2003 |
| Semi-Detached |
| Leasehold |
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 September 2003 the House Price Index for GREATER MANCHESTER was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £84,950 results in an estimated price of approximately £195,302.
| 8 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £84,950 | £110,352 | £195,302 |
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 | 109.864 % | £93,329 | £178,279 |
| 3 Month Average | 184.180 % | £156,460 | £241,410 |
| 6 Month Average | 179.789 % | £152,730 | £237,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £240,000 | £240,000 | 15 MAYFIELD GROVE |
| 8 Dec 2023 | £294,035 | £285,000 | 21 MAYFIELD GROVE |
| 13 Oct 2023 | £312,088 | £305,000 | 34 MAYFIELD GROVE |
| 14 Aug 2023 | £229,133 | £225,000 | 46 REDLAND AVENUE |
| 16 Jun 2023 | £260,215 | £255,000 | 54 MAYFIELD GROVE |