£133,907
This estimated value is based upon the latest sale price for the house of £80,000 on 8 Mar 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 8 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £80,000 results in an estimated price of approximately £133,907.
| 8 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £80,000 | £53,907 | £133,907 |
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 | 71.220 % | £56,975 | £136,975 |
| 3 Month Average | 110.046 % | £88,036 | £168,036 |
| 6 Month Average | 84.002 % | £67,201 | £147,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £302,648 | £300,000 | 3 COVENTRY AVENUE |
| 9 Jun 2023 | £242,943 | £240,000 | 3 CAVAN CLOSE |
| 13 Feb 2023 | £319,785 | £320,000 | 50 PARKWAY |
| 20 Jan 2023 | £333,429 | £335,000 | 46 KENILWORTH ROAD |
| 12 Aug 2022 | £319,141 | £320,000 | 69 KENILWORTH ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 15 Jun 2018. Using an estimated price of £133,907 means this house is valued at £1,739 per sq meter (£161 per sq foot).
The average size of a house on CAVAN CLOSE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Bangor Road |