£240,093
This estimated value is based upon the latest sale price for the house of £193,000 on 24 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £193,000 | 24 Sep 2018 |
| £128,750 | 30 Aug 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 77 sq meters or 834 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 September 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £193,000 results in an estimated price of approximately £240,093.
| 24 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £193,000 | £47,093 | £240,093 |
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 | -29.671 % | £-57,264 | £135,735 |
| 3 Month Average | 16.066 % | £31,008 | £224,008 |
| 6 Month Average | 25.747 % | £49,691 | £242,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £245,000 | £245,000 | 150 SHEARWATER ROAD |
| 29 Sep 2023 | £249,500 | £244,000 | 28 LARKSWOOD DRIVE |
| 22 Mar 2023 | £282,213 | £277,500 | 12 LINNET CLOSE |
| 2 Sep 2022 | £286,808 | £287,000 | 189 SHEARWATER ROAD |
| 13 May 2022 | £235,639 | £229,500 | 5 HAVERGATE WALKS |
This house has a floor area of 77 sq meters or 834 sq feet when measured on 18 May 2011. Using an estimated price of £240,093 means this house is valued at £3,097 per sq meter (£287 per sq foot).
The average size of a house on SHEARWATER ROAD is 76 sq meters (822 sq feet).