£164,449
This estimated value is based upon the latest sale price for the house of £123,500 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £123,500 | 8 Jul 2016 |
| £59,950 | 8 Nov 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 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 33.158%.Applying this 33.158% change to the original purchase price of £123,500 results in an estimated price of approximately £164,449.
| 8 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £123,500 | £40,949 | £164,449 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 21.553 % | £26,617 | £150,117 |
| 3 Month Average | 48.645 % | £60,077 | £183,577 |
| 6 Month Average | 42.259 % | £52,189 | £175,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £170,778 | £168,250 | 66 ADSWOOD ROAD |
| 8 Nov 2023 | £218,231 | £215,000 | 146 BEECH ROAD |
| 3 Mar 2023 | £189,788 | £188,000 | 152 BEECH ROAD |
| 23 Feb 2023 | £219,852 | £220,000 | 100 BEECH ROAD |
| 3 Feb 2023 | £244,835 | £245,000 | 96 BEECH ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Apr 2014. Using an estimated price of £164,450 means this house is valued at £2,108 per sq meter (£195 per sq foot).
The average size of a house on BEECH ROAD is 111 sq meters (1,198 sq feet).