£337,911
This estimated value is based upon the latest sale price for the house of £253,800 on 31 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £253,800 | 31 Aug 2016 |
| £170,000 | 6 Feb 2006 |
| £125,000 | 2 May 2003 |
| £47,500 | 31 Oct 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 August 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £253,800 results in an estimated price of approximately £337,911.
| 31 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £253,800 | £84,111 | £337,911 |
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 | -31.992 % | £-81,196 | £172,603 |
| 3 Month Average | 25.869 % | £65,654 | £319,454 |
| 6 Month Average | 33.446 % | £84,886 | £338,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2023 | £336,167 | £333,000 | 2 BANKFIELD AVENUE |
| 14 Feb 2023 | £350,764 | £351,000 | 64 DIDSBURY ROAD |
| 26 Sep 2022 | £298,589 | £301,000 | 13 BANKFIELD AVENUE |
| 2 Sep 2022 | £291,149 | £293,500 | 40 BANKFIELD AVENUE |
| 26 May 2022 | £382,202 | £375,000 | 7 BANKFIELD AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 22 Apr 2016. Using an estimated price of £337,911 means this house is valued at £3,017 per sq meter (£280 per sq foot).
The average size of a house on BANKFIELD AVENUE is 91 sq meters (987 sq feet).