£198,484
This estimated value is based upon the latest sale price for the house of £35,000 on 5 May 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £35,000 | 5 May 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 1995 the House Price Index for GREATER MANCHESTER was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £35,000 results in an estimated price of approximately £198,484.
| 5 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.098 % | £35,000 | £163,484 | £198,484 |
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 | 367.624 % | £128,668 | £163,668 |
| 3 Month Average | 461.837 % | £161,642 | £196,642 |
| 6 Month Average | 424.288 % | £148,500 | £183,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £175,788 | £172,500 | 23 BOWER STREET |
| 15 Mar 2023 | £157,632 | £155,000 | 20 BUCKLEY STREET |
| 19 Apr 2022 | £188,292 | £181,500 | 32 BUCKLEY STREET |
| 31 Mar 2022 | £224,446 | £215,000 | 3 BUCKLEY STREET |
| 20 Dec 2021 | £194,275 | £180,000 | 10 BROOKLANDS ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 24 Jul 2019. Using an estimated price of £198,484 means this house is valued at £3,150 per sq meter (£292 per sq foot).
The average size of a house on SPARROW CLOSE is 52 sq meters (566 sq feet).
This house is the largest in the street with a floor area of 63 sq meters (678 sq feet).