£398,640
This estimated value is based upon the latest sale price for the house of £327,250 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £327,250 | 3 Jul 2020 |
| £243,000 | 12 Aug 2016 |
| £220,000 | 1 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £327,250 results in an estimated price of approximately £398,640.
| 3 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £327,250 | £71,390 | £398,640 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | -27.892 % | £-91,277 | £235,972 |
| 3 Month Average | 6.804 % | £22,267 | £349,517 |
| 6 Month Average | 15.890 % | £51,998 | £379,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £650,000 | £650,000 | 11 FLOWERY FIELD |
| 23 Apr 2024 | £504,380 | £500,000 | 39 PALMERSTON ROAD |
| 5 Mar 2024 | £533,192 | £525,000 | 40 FLOWERY FIELD |
| 11 Aug 2023 | £689,944 | £677,500 | 48 FLOWERY FIELD |
| 11 Aug 2023 | £482,706 | £474,000 | 25 CROMLEY ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 30 Sep 2019. Using an estimated price of £398,641 means this house is valued at £3,349 per sq meter (£311 per sq foot).
The average size of a house on ARLINGTON DRIVE is 115 sq meters (1,247 sq feet).