£324,679
This estimated value is based upon the latest sale price for the house of £214,129 on 3 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£214,129 | 3 Sep 2014 |
£216,000 | 23 Nov 2006 |
£154,950 | 12 Jan 2004 |
£89,950 | 11 Dec 2000 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 2014 the House Price Index for GREATER MANCHESTER was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £214,129 results in an estimated price of approximately £324,679.
3 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £214,129 | £110,550 | £324,679 |
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 | 41.701 % | £89,294 | £303,423 |
3 Month Average | 62.038 % | £132,840 | £346,969 |
6 Month Average | 52.693 % | £112,831 | £326,960 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 May 2024 | £280,000 | £280,000 | 1 FARM CLOSE |
8 Mar 2024 | £415,057 | £408,680 | 293 BROADSTONE ROAD |
30 Mar 2023 | £289,840 | £285,000 | 395 MANCHESTER ROAD |
24 Mar 2023 | £284,755 | £280,000 | 10 FARM CLOSE |
1 Sep 2022 | £274,816 | £275,000 | 24 GRANGE AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 12 Feb 2014. Using an estimated price of £324,680 means this house is valued at £2,925 per sq meter (£271 per sq foot).
The average size of a house on GRANGE AVENUE is 109 sq meters (1,176 sq feet).