£372,686
This estimated value is based upon the latest sale price for the house of £273,000 on 4 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £273,000 | 4 Feb 2016 |
| £195,000 | 30 Jul 2003 |
| £120,000 | 12 Dec 1997 |
| Detached |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 February 2016 the House Price Index for GREATER MANCHESTER was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £273,000 results in an estimated price of approximately £372,686.
| 4 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £273,000 | £99,686 | £372,686 |
The Postcode Pricing Model uses changes in average sales price within the SK14 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 | 112.894 % | £308,199 | £581,199 |
| 3 Month Average | 40.212 % | £109,779 | £382,779 |
| 6 Month Average | 48.860 % | £133,389 | £406,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £423,707 | £420,000 | 25 GYLDEN CLOSE |
| 10 Jul 2023 | £395,321 | £390,000 | 43 PENTLAND WAY |
| 16 Jun 2023 | £475,763 | £470,000 | 6 PENTLAND WAY |
| 2 Sep 2022 | £247,997 | £250,000 | 9 BANCROFT FOLD |
| 24 Jun 2022 | £319,515 | £315,000 | 15 GOODACRE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 26 Jun 2015. Using an estimated price of £372,686 means this house is valued at £3,185 per sq meter (£295 per sq foot).
The average size of a house on BANCROFT FOLD is 118 sq meters (1,274 sq feet).