£394,324
This estimated value is based upon the latest sale price for the house of £320,000 on 20 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £320,000 | 20 Nov 2018 |
| Detached |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 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 November 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £320,000 results in an estimated price of approximately £394,324.
| 20 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £320,000 | £74,324 | £394,324 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | -20.853 % | £-66,730 | £253,269 |
| 3 Month Average | -3.723 % | £-11,913 | £308,086 |
| 6 Month Average | 14.066 % | £45,012 | £365,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £340,034 | £335,000 | 19 QUARRY CLOUGH |
| 24 Jul 2023 | £380,116 | £375,000 | 14 QUARRY CLOUGH |
| 30 Jun 2023 | £440,334 | £435,000 | 24 QUARRY CLOUGH |
| 27 Mar 2023 | £373,519 | £370,000 | 46 QUARRY CLOUGH |
| 24 Feb 2023 | £549,630 | £550,000 | 9 WOODLANDS CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 10 Oct 2017. Using an estimated price of £394,325 means this house is valued at £3,755 per sq meter (£348 per sq foot).
The average size of a house on FOX HILL DRIVE is 156 sq meters (1,685 sq feet).