£584,713
This estimated value is based upon the latest sale price for the house of £480,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £480,000 | 24 Jul 2020 |
| £330,000 | 31 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 July 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £480,000 results in an estimated price of approximately £584,713.
| 24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £480,000 | £104,713 | £584,713 |
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 | 67.494 % | £323,973 | £803,973 |
| 3 Month Average | 18.066 % | £86,717 | £566,717 |
| 6 Month Average | 6.735 % | £32,326 | £512,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £316,988 | £310,000 | 13 MOORFIELD AVENUE |
| 2 Feb 2023 | £634,237 | £630,000 | 20 HUNTERS COURT |
| 27 Jul 2022 | £288,289 | £285,400 | 15 MOORFIELD AVENUE |
| 8 Apr 2022 | £295,665 | £285,000 | 17 HIGH BANK AVENUE |
| 11 Feb 2022 | £279,961 | £265,000 | 12 HIGH BANK AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 10 Apr 2019. Using an estimated price of £584,714 means this house is valued at £4,463 per sq meter (£414 per sq foot).
The average size of a house on MOTTRAM OLD ROAD is 180 sq meters (1,939 sq feet).