£457,502
This estimated value is based upon the latest sale price for the house of £390,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £390,000 | 2 Oct 2020 |
| £273,000 | 30 Jul 2013 |
| £270,000 | 19 Jul 2010 |
| £230,000 | 1 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £390,000 results in an estimated price of approximately £457,502.
| 2 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £390,000 | £67,502 | £457,502 |
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 | -34.491 % | £-134,514 | £255,485 |
| 3 Month Average | -2.481 % | £-9,675 | £380,324 |
| 6 Month Average | 24.491 % | £95,515 | £485,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £426,312 | £420,000 | 64 VALE CLOSE |
| 3 Nov 2023 | £314,658 | £310,000 | 22 PARRS MOUNT MEWS |
| 25 Sep 2023 | £628,030 | £620,000 | 439 DIDSBURY ROAD |
| 12 Sep 2023 | £329,209 | £325,000 | 431 DIDSBURY ROAD |
| 21 Aug 2023 | £332,912 | £330,000 | 9 VALE CLOSE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 5 Sep 2019. Using an estimated price of £457,502 means this house is valued at £3,781 per sq meter (£351 per sq foot).
The average size of a house on RICHMOND ROAD is 117 sq meters (1,261 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).