£670,095
This estimated value is based upon the latest sale price for the house of £530,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£530,000 | 19 Jan 2018 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £530,000 results in an estimated price of approximately £670,095.
19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £530,000 | £140,095 | £670,095 |
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 | 24.785 % | £131,358 | £661,358 |
3 Month Average | 32.495 % | £172,222 | £702,222 |
6 Month Average | 46.944 % | £248,802 | £778,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £366,254 | £355,000 | 25 BANKHALL ROAD |
3 Nov 2023 | £395,027 | £385,000 | 3 BARNES AVENUE |
17 Mar 2023 | £284,755 | £280,000 | 17 BARNES AVENUE |
1 Jun 2022 | £466,165 | £456,200 | 10 ALBERT ROAD |
9 May 2022 | £396,633 | £386,300 | 7 VENTNOR ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 7 Nov 2014. Using an estimated price of £670,095 means this house is valued at £4,653 per sq meter (£432 per sq foot).
The average size of a house on BANKHALL ROAD is 107 sq meters (1,154 sq feet).