£285,359
This estimated value is based upon the latest sale price for the house of £282,500 on 22 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £282,500 | 22 Jul 2022 |
| £200,000 | 12 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2022 the House Price Index for GREATER MANCHESTER was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £282,500 results in an estimated price of approximately £285,359.
| 22 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £282,500 | £2,859 | £285,359 |
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 | -18.022 % | £-50,912 | £231,587 |
| 3 Month Average | 20.637 % | £58,300 | £340,800 |
| 6 Month Average | 11.883 % | £33,569 | £316,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £330,145 | £320,000 | 2 HEATHBANK ROAD |
| 23 Oct 2023 | £358,134 | £350,000 | 10 RUSHTON ROAD |
| 15 Sep 2023 | £231,094 | £226,000 | 13 NAPLES ROAD |
| 15 Sep 2023 | £260,748 | £255,000 | 54 KENSINGTON ROAD |
| 8 Aug 2023 | £3,788,326 | £3,720,000 | 265 EDGELEY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 Oct 2019. Using an estimated price of £285,359 means this house is valued at £3,612 per sq meter (£335 per sq foot).
The average size of a house on RUSHTON ROAD is 104 sq meters (1,126 sq feet).