£434,579
This estimated value is based upon the latest sale price for the house of £425,000 on 29 Sep 2023. 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 | 29 Sep 2023 |
| £263,500 | 27 May 2010 |
| £225,000 | 14 Apr 2005 |
| £79,850 | 18 Feb 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,016 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 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £425,000 results in an estimated price of approximately £434,579.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £425,000 | £9,579 | £434,579 |
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 | 52.674 % | £223,863 | £648,863 |
| 3 Month Average | -7.428 % | £-31,567 | £393,432 |
| 6 Month Average | 2.585 % | £10,984 | £435,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2024 | £413,000 | £413,000 | 50 BOWERFOLD LANE |
| 29 Sep 2023 | £434,580 | £425,000 | 1 FAIRHOLME ROAD |
| 23 Jun 2023 | £355,117 | £348,000 | 58 ASHBURN ROAD |
| 24 Mar 2023 | £408,827 | £402,000 | 9 BOWER AVENUE |
| 30 Jan 2023 | £446,192 | £445,000 | 35 BOWER AVENUE |
This house has a floor area of 94 sq meters or 1,016 sq feet when measured on 10 Mar 2010. Using an estimated price of £434,580 means this house is valued at £4,604 per sq meter (£427 per sq foot).
The average size of a house on FAIRHOLME ROAD is 104 sq meters (1,121 sq feet).