£1,126,350
This estimated value is based upon the latest sale price for the house of £660,000 on 30 Jul 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £660,000 | 30 Jul 2010 |
| £365,000 | 29 Jul 2005 |
| Detached |
| Freehold |
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 2010 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £660,000 results in an estimated price of approximately £1,126,350.
| 30 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £660,000 | £466,350 | £1,126,350 |
The Postcode Pricing Model uses changes in average sales price within the SK7 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 | 68.917 % | £454,852 | £1,114,852 |
| 3 Month Average | 90.061 % | £594,405 | £1,254,405 |
| 6 Month Average | 70.170 % | £463,123 | £1,123,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £422,999 | £416,500 | 49 PATCH LANE |
| 16 Aug 2023 | £735,261 | £722,000 | 15 HIGHFIELD PARKWAY |
| 17 Mar 2023 | £986,474 | £970,000 | 28 HIGHFIELD PARKWAY |
| 19 Aug 2022 | £627,936 | £625,000 | THE OAKS, 21A PATCH LANE |
| 20 Jun 2022 | £411,803 | £403,000 | 47 PATCH LANE |