£267,987
This estimated value is based upon the latest sale price for the house of £222,500 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£222,500 | 12 Mar 2020 |
£149,950 | 10 Nov 2008 |
£140,000 | 12 Nov 2007 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 March 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £222,500 results in an estimated price of approximately £267,987.
12 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £222,500 | £45,487 | £267,987 |
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 | -12.797 % | £-28,473 | £194,026 |
3 Month Average | 28.548 % | £63,518 | £286,018 |
6 Month Average | 27.624 % | £61,464 | £283,964 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £137,500 | £137,500 | 34 BROOMFIELD DRIVE |
10 Nov 2023 | £289,283 | £285,000 | 2 MAYFIELD AVENUE |
13 Sep 2023 | £283,626 | £280,000 | 21 WOODVILLE GROVE |
4 Aug 2023 | £145,271 | £144,000 | 42 BROOMFIELD DRIVE |
6 Apr 2023 | £202,177 | £200,000 | 82 MAYFIELD GROVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 20 Jun 2019. Using an estimated price of £267,987 means this house is valued at £2,791 per sq meter (£259 per sq foot).
The average size of a house on WOODSTOCK AVENUE is 176 sq meters (1,894 sq feet).