£269,843
This estimated value is based upon the latest sale price for the house of £267,500 on 17 Apr 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £267,500 | 17 Apr 2024 |
| £192,500 | 31 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 April 2024 the House Price Index for GREATER MANCHESTER was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £267,500 results in an estimated price of approximately £269,843.
| 17 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £267,500 | £2,343 | £269,843 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | -29.820 % | £-79,767 | £187,732 |
| 3 Month Average | -7.146 % | £-19,114 | £248,385 |
| 6 Month Average | -2.097 % | £-5,610 | £261,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £269,843 | £267,500 | 10 SOUTHWOOD ROAD |
| 21 Nov 2023 | £143,646 | £140,000 | 1 PARTRIDGE COURT |
| 21 Apr 2023 | £259,860 | £255,000 | 69 CLAREMONT ROAD |
| 5 Jan 2023 | £260,697 | £260,000 | 2 RIPLEY AVENUE |
| 12 Oct 2022 | £177,407 | £178,000 | 310 BUXTON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 1 Mar 2020. Using an estimated price of £269,843 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on SOUTHWOOD ROAD is 103 sq meters (1,113 sq feet).