£172,949
This estimated value is based upon the latest sale price for the house of £49,000 on 28 Feb 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £49,000 | 28 Feb 2001 |
| £36,000 | 1 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 February 2001 the House Price Index for GREATER MANCHESTER was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £49,000 results in an estimated price of approximately £172,949.
| 28 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £49,000 | £123,949 | £172,949 |
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 | 310.307 % | £152,050 | £201,050 |
| 3 Month Average | 296.389 % | £145,230 | £194,230 |
| 6 Month Average | 310.719 % | £152,252 | £201,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £234,207 | £232,000 | 29 MAYPOOL DRIVE |
| 25 Apr 2022 | £236,854 | £230,000 | 9 MAYPOOL DRIVE |
| 4 Mar 2022 | £115,025 | £111,000 | 54 MAYPOOL DRIVE |
| 15 Dec 2021 | £108,745 | £101,500 | 42 MAYPOOL DRIVE |
| 15 Nov 2021 | £151,412 | £140,000 | 78 MAYPOOL DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Dec 2019. Using an estimated price of £172,949 means this house is valued at £2,660 per sq meter (£247 per sq foot).
The average size of a house on GREG STREET is 80 sq meters (867 sq feet).