£893,643
This estimated value is based upon the latest sale price for the house of £525,000 on 10 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £525,000 | 10 Jul 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 298 sq meters or 3,215 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 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £525,000 results in an estimated price of approximately £893,643.
| 10 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £525,000 | £368,643 | £893,643 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -4.600 % | £-24,151 | £500,848 |
| 3 Month Average | 38.166 % | £200,370 | £725,370 |
| 6 Month Average | 51.999 % | £272,996 | £797,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £854,959 | £840,000 | 14 LYNTON ROAD |
| 20 Sep 2023 | £172,202 | £170,000 | FLAT 4 18 ELMS ROAD |
| 1 Aug 2023 | £166,456 | £165,000 | FLAT 1 28 PEEL MOAT ROAD |
| 17 Mar 2023 | £641,039 | £635,000 | 96 BUCKINGHAM ROAD |
| 27 Jan 2023 | £897,771 | £902,000 | 34 PEEL MOAT ROAD |
This house has a floor area of 298 sq meters or 3,215 sq feet when measured on 24 Nov 2009. Using an estimated price of £893,644 means this house is valued at £2,991 per sq meter (£277 per sq foot).
The average size of a house on ELMS ROAD is 185 sq meters (1,996 sq feet).