£453,026
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £450,000 | 20 Feb 2023 |
| £249,950 | 13 Nov 2009 |
| £149,000 | 22 Mar 2002 |
| £87,000 | 11 Apr 1997 |
| Terraced |
| Leasehold |
| Floor Area: 115 sq meters or 1,238 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 February 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £450,000 results in an estimated price of approximately £453,026.
| 20 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £450,000 | £3,026 | £453,026 |
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 | 47.206 % | £212,427 | £662,427 |
| 3 Month Average | 9.513 % | £42,806 | £492,806 |
| 6 Month Average | 6.890 % | £31,003 | £481,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £453,026 | £450,000 | 18 MARCH AVENUE |
| 11 Apr 2022 | £357,911 | £345,000 | 28 WINCHESTER DRIVE |
| 1 Oct 2021 | £195,067 | £175,000 | 54 WINCHESTER DRIVE |
| 1 Oct 2021 | £473,734 | £425,000 | 20 MARLCROFT AVENUE |
| 24 Sep 2021 | £390,805 | £360,000 | 10 JUNE AVENUE |
This house has a floor area of 115 sq meters or 1,238 sq feet when measured on 6 Aug 2009. Using an estimated price of £453,026 means this house is valued at £3,935 per sq meter (£365 per sq foot).
The average size of a house on MARCH AVENUE is 120 sq meters (1,297 sq feet).