£528,222
This estimated value is based upon the latest sale price for the house of £390,000 on 19 Apr 2016. 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 | 19 Apr 2016 |
| £382,500 | 29 Jan 2010 |
| Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,686 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 April 2016 the House Price Index for GREATER MANCHESTER was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £390,000 results in an estimated price of approximately £528,222.
| 19 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £390,000 | £138,222 | £528,222 |
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 | 20.285 % | £79,110 | £469,110 |
| 3 Month Average | 51.034 % | £199,033 | £589,033 |
| 6 Month Average | 52.043 % | £202,967 | £592,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £569,986 | £565,000 | 145 WOODSMOOR LANE |
| 9 Aug 2023 | £232,030 | £230,000 | FLAT 10 ST JAMES LODGE, 60 THE CRESCENT |
| 26 Aug 2022 | £523,591 | £525,000 | 329 BRAMHALL LANE |
| 6 Jul 2022 | £461,242 | £460,000 | 311 BRAMHALL LANE |
| 7 Jun 2022 | £568,027 | £560,000 | 5 CHARLESTOWN ROAD WEST |
This house has a floor area of 156 sq meters or 1,686 sq feet when measured on 18 May 2009. Using an estimated price of £528,222 means this house is valued at £3,372 per sq meter (£313 per sq foot).
The average size of a house on WOODSMOOR LANE is 162 sq meters (1,747 sq feet).