£151,842
This estimated value is based upon the latest sale price for the house of £118,000 on 31 May 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 31 May 2017 |
| £115,000 | 26 Jun 2015 |
| £117,500 | 27 Nov 2007 |
| £27,000 | 10 Jul 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 May 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £118,000 results in an estimated price of approximately £151,842.
| 31 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £118,000 | £33,842 | £151,842 |
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 | 34.618 % | £40,848 | £158,848 |
| 3 Month Average | 31.358 % | £37,001 | £155,001 |
| 6 Month Average | 49.323 % | £58,200 | £176,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £274,697 | £271,000 | 7 CHAUCER AVENUE |
| 26 Apr 2023 | £257,776 | £255,000 | 11 CHAUCER AVENUE |
| 13 Apr 2023 | £136,469 | £135,000 | 47 TENNYSON ROAD |
| 17 Feb 2023 | £199,866 | £200,000 | 20 TENNYSON ROAD |
| 6 Feb 2023 | £176,581 | £176,700 | 51 TENNYSON ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 4 Mar 2015. Using an estimated price of £151,843 means this house is valued at £2,573 per sq meter (£239 per sq foot).
The average size of a house on TENNYSON ROAD is 66 sq meters (716 sq feet).