£604,264
This estimated value is based upon the latest sale price for the house of £330,000 on 8 Jul 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £330,000 | 8 Jul 2005 |
| £87,000 | 3 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 2005 the House Price Index for GREATER MANCHESTER was 80.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 83.110%.Applying this 83.110% change to the original purchase price of £330,000 results in an estimated price of approximately £604,264.
| 8 Jul 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.0 | 83.110 % | £330,000 | £274,264 | £604,264 |
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 | -2.709 % | £-8,940 | £321,059 |
| 3 Month Average | 64.694 % | £213,490 | £543,490 |
| 6 Month Average | 82.137 % | £271,052 | £601,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £291,390 | £293,950 | 108 VALLEY ROAD |
| 24 Jun 2022 | £272,764 | £270,000 | 79 VALLEY ROAD |
| 7 Jun 2022 | £263,672 | £261,000 | 4 GREENSIDE |
| 14 Jan 2022 | £492,582 | £469,950 | 21 WOODSIDE |
| 16 Dec 2021 | £587,009 | £550,123 | 12 WOODSIDE |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 19 Jun 2020. Using an estimated price of £604,264 means this house is valued at £3,492 per sq meter (£324 per sq foot).
The average size of a house on CRAIG ROAD is 88 sq meters (947 sq feet).
This house is the largest in the street with a floor area of 173 sq meters (1,862 sq feet).