£353,361
This estimated value is based upon the latest sale price for the house of £286,500 on 24 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £286,500 | 24 Jul 2019 |
| £215,000 | 12 Aug 2011 |
| £105,000 | 12 Feb 1999 |
| £100,000 | 21 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £286,500 results in an estimated price of approximately £353,361.
| 24 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £286,500 | £66,861 | £353,361 |
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 | -10.257 % | £-29,385 | £257,114 |
| 3 Month Average | 9.897 % | £28,354 | £314,854 |
| 6 Month Average | 18.383 % | £52,668 | £339,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £223,306 | £220,000 | 35 HOLLOW VALE DRIVE |
| 30 Nov 2023 | £301,463 | £297,000 | 6 FELLTOP DRIVE |
| 17 Nov 2023 | £142,104 | £140,000 | 9 JUNIPER BANK |
| 1 Sep 2023 | £299,834 | £296,000 | 50 HOLLOW VALE DRIVE |
| 27 Jun 2023 | £263,188 | £260,000 | 11 JUNIPER BANK |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 4 Mar 2019. Using an estimated price of £353,362 means this house is valued at £3,430 per sq meter (£318 per sq foot).
The average size of a house on HOLLOW VALE DRIVE is 81 sq meters (878 sq feet).