£200,930
This estimated value is based upon the latest sale price for the house of £155,000 on 2 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 |
---|---|
£155,000 | 2 May 2017 |
£150,000 | 9 Oct 2015 |
£120,000 | 26 Jul 2013 |
£100,000 | 31 Oct 2008 |
£51,500 | 27 Nov 1998 |
Semi-Detached |
Leasehold |
Floor Area: 69 sq meters or 745 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 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £155,000 results in an estimated price of approximately £200,930.
2 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £155,000 | £45,930 | £200,930 |
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 | 30.179 % | £46,778 | £201,778 |
3 Month Average | 50.804 % | £78,745 | £233,745 |
6 Month Average | 52.443 % | £81,287 | £236,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £271,070 | £266,000 | 43 MARLAND CRESCENT |
2 Mar 2023 | £355,944 | £350,000 | 34 MELANIE DRIVE |
19 Aug 2022 | £226,057 | £225,000 | 5 AVRIL CLOSE |
10 Jun 2022 | £204,369 | £200,000 | 64 HARCOURT STREET |
11 Mar 2022 | £226,533 | £217,000 | 1 OLWEN CRESCENT |
This house has a floor area of 69 sq meters or 745 sq feet when measured on 22 Feb 2012. Using an estimated price of £200,931 means this house is valued at £2,899 per sq meter (£269 per sq foot).
The average size of a house on OLWEN CRESCENT is 70 sq meters (761 sq feet).