£639,684
This estimated value is based upon the latest sale price for the house of £425,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £425,000 | 12 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 September 2014 the House Price Index for GREATER MANCHESTER was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £425,000 results in an estimated price of approximately £639,684.
| 12 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £425,000 | £214,684 | £639,684 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -25.850 % | £-109,862 | £315,137 |
| 3 Month Average | 32.719 % | £139,056 | £564,056 |
| 6 Month Average | 45.019 % | £191,329 | £616,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £854,959 | £840,000 | 14 LYNTON ROAD |
| 7 Nov 2023 | £238,531 | £235,000 | 2 BROWNSVILLE COURT BROWNSVILLE ROAD |
| 20 Sep 2023 | £172,202 | £170,000 | FLAT 4 18 ELMS ROAD |
| 1 Aug 2023 | £166,456 | £165,000 | FLAT 1 28 PEEL MOAT ROAD |
| 10 Jul 2023 | £810,914 | £800,000 | 2 BROWNSVILLE ROAD |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 24 Jun 2015. Using an estimated price of £639,684 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on ELMS ROAD is 185 sq meters (1,996 sq feet).