£157,328
This estimated value is based upon the latest sale price for the house of £132,500 on 22 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£132,500 | 22 Sep 2020 |
£145,000 | 23 Jan 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £132,500 results in an estimated price of approximately £157,328.
22 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £132,500 | £24,828 | £157,328 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | 61.151 % | £81,024 | £213,524 |
3 Month Average | 3.592 % | £4,759 | £137,259 |
6 Month Average | 3.513 % | £4,655 | £137,155 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £324,145 | £320,000 | 385 MOTTRAM ROAD |
6 Apr 2022 | £255,905 | £248,500 | 407 MOTTRAM ROAD |
6 Apr 2022 | £136,448 | £132,500 | 11 MATLEY COURT MOTTRAM ROAD |
29 Mar 2022 | £141,968 | £137,000 | 9 MATLEY COURT MOTTRAM ROAD |
22 Mar 2022 | £300,516 | £290,000 | 395 MOTTRAM ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Feb 2020. Using an estimated price of £157,328 means this house is valued at £2,280 per sq meter (£211 per sq foot).
The average size of a house on MOTTRAM ROAD is 150 sq meters (1,615 sq feet).