£269,182
This estimated value is based upon the latest sale price for the house of £232,500 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £232,500 | 30 Jul 2021 |
| £232,500 | 30 Jul 2021 |
| £180,000 | 1 Aug 2016 |
| £175,000 | 23 Nov 2015 |
| £161,950 | 23 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £232,500 results in an estimated price of approximately £269,182.
| 30 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £232,500 | £36,682 | £269,182 |
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 | -34.671 % | £-80,609 | £151,890 |
| 3 Month Average | -8.284 % | £-19,261 | £213,238 |
| 6 Month Average | -2.917 % | £-6,782 | £225,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £293,627 | £295,000 | 5 POISE BROOK DRIVE |
| 17 May 2022 | £308,025 | £300,000 | 34 FULMAR DRIVE |
| 13 May 2022 | £235,639 | £229,500 | 5 HAVERGATE WALKS |
| 17 Dec 2021 | £237,448 | £220,000 | 1 FULMAR DRIVE |
| 26 Nov 2021 | £368,258 | £338,000 | 8 BROOKTHORN CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 5 Aug 2015. Using an estimated price of £269,182 means this house is valued at £4,141 per sq meter (£384 per sq foot).
The average size of a house on SHEARWATER ROAD is 76 sq meters (823 sq feet).