£362,332
This estimated value is based upon the latest sale price for the house of £285,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£285,000 | 20 Oct 2017 |
£164,000 | 21 Mar 2014 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 October 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £285,000 results in an estimated price of approximately £362,332.
20 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £285,000 | £77,332 | £362,332 |
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 | 256.928 % | £732,243 | £1,017,243 |
3 Month Average | 25.523 % | £72,741 | £357,741 |
6 Month Average | 37.034 % | £105,546 | £390,546 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £209,822 | £208,000 | 7 CARTMEL AVENUE |
15 Dec 2023 | £226,974 | £220,000 | 34 BRIARFIELD ROAD |
24 Nov 2023 | £287,293 | £280,000 | 4 CARTMEL AVENUE |
13 Oct 2023 | £283,949 | £277,500 | 22 GRASMERE AVENUE |
28 Sep 2023 | £296,537 | £290,000 | 15 BRIARFIELD ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 30 Jun 2014. Using an estimated price of £362,333 means this house is valued at £4,705 per sq meter (£437 per sq foot).
The average size of a house on BRIARFIELD ROAD is 88 sq meters (949 sq feet).