£198,549
This estimated value is based upon the latest sale price for the house of £170,000 on 13 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £170,000 | 13 Nov 2020 |
| £103,000 | 12 Jun 2015 |
| £36,000 | 16 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £170,000 results in an estimated price of approximately £198,549.
| 13 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £170,000 | £28,549 | £198,549 |
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 | -4.287 % | £-7,288 | £162,711 |
| 3 Month Average | 22.815 % | £38,785 | £208,785 |
| 6 Month Average | 20.582 % | £34,989 | £204,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £184,701 | £181,000 | 30 HURST STREET |
| 4 Apr 2023 | £142,668 | £140,000 | 46 ROWSLEY GROVE |
| 24 Mar 2023 | £249,161 | £245,000 | 41 ROWSLEY GROVE |
| 27 Feb 2023 | £231,547 | £230,000 | 8 NEWQUAY AVENUE |
| 12 Aug 2022 | £256,951 | £255,750 | 31 HURST STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 1 Apr 2015. Using an estimated price of £198,549 means this house is valued at £2,836 per sq meter (£263 per sq foot).
The average size of a house on NEWQUAY AVENUE is 70 sq meters (762 sq feet).