£289,580
This estimated value is based upon the latest sale price for the house of £228,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £228,000 | 25 Aug 2017 |
| £54,775 | 16 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2017 the House Price Index for GREATER MANCHESTER was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £228,000 results in an estimated price of approximately £289,580.
| 25 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £228,000 | £61,580 | £289,580 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 27.990 % | £63,816 | £291,816 |
| 3 Month Average | 33.734 % | £76,912 | £304,912 |
| 6 Month Average | 40.062 % | £91,340 | £319,340 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £189,928 | £187,500 | 5 FARM LANE |
| 1 Sep 2023 | £231,966 | £229,000 | 6 APETHORN LANE |
| 26 Apr 2023 | £187,014 | £185,000 | 33 REDGATE |
| 21 Apr 2023 | £198,133 | £196,000 | 28 NEW RIDD RISE |
| 24 Feb 2023 | £464,687 | £465,000 | 42 APETHORN LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 Aug 2013. Using an estimated price of £289,580 means this house is valued at £4,078 per sq meter (£378 per sq foot).
The average size of a house on APETHORN LANE is 84 sq meters (908 sq feet).