£356,911
This estimated value is based upon the latest sale price for the house of £287,500 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£287,500 | 19 Oct 2018 |
£102,000 | 30 Oct 1998 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £287,500 results in an estimated price of approximately £356,911.
19 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £287,500 | £69,411 | £356,911 |
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 | 16.248 % | £46,713 | £334,213 |
3 Month Average | 32.502 % | £93,444 | £380,944 |
6 Month Average | 26.534 % | £76,285 | £363,785 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2024 | £260,000 | £260,000 | 10 THE HEYS |
30 Nov 2023 | £225,730 | £220,000 | 35 HOLLOW VALE DRIVE |
30 Nov 2023 | £304,735 | £297,000 | 6 FELLTOP DRIVE |
17 Nov 2023 | £143,646 | £140,000 | 9 JUNIPER BANK |
1 Sep 2023 | £302,672 | £296,000 | 50 HOLLOW VALE DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 4 Jul 2018. Using an estimated price of £356,912 means this house is valued at £3,641 per sq meter (£338 per sq foot).
The average size of a house on HOLLOW VALE DRIVE is 81 sq meters (878 sq feet).