£209,147
This estimated value is based upon the latest sale price for the house of £98,000 on 9 Jan 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £98,000 | 9 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 January 2004 the House Price Index for GREATER MANCHESTER was 69.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 113.416%.Applying this 113.416% change to the original purchase price of £98,000 results in an estimated price of approximately £209,147.
| 9 Jan 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.0 | 113.416 % | £98,000 | £111,147 | £209,147 |
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 | 156.995 % | £153,855 | £251,855 |
| 3 Month Average | 90.643 % | £88,829 | £186,829 |
| 6 Month Average | 129.743 % | £127,147 | £225,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £219,000 | £219,000 | 5 PARSONAGE STREET |
| 6 Jul 2023 | £172,633 | £171,000 | 54 SOUTHDOWN CLOSE |
| 15 Feb 2023 | £243,847 | £245,000 | 51 PARSONAGE STREET |
| 18 Mar 2022 | £268,340 | £260,000 | 32 CHURCH ROAD |
| 16 Dec 2021 | £170,728 | £160,000 | 13 OXFORD WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 26 Aug 2014. Using an estimated price of £209,147 means this house is valued at £3,802 per sq meter (£353 per sq foot).
The average size of a house on MULBERRY MEWS is 55 sq meters (592 sq feet).