£508,372
This estimated value is based upon the latest sale price for the house of £425,000 on 7 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £425,000 | 7 Sep 2020 |
| £149,950 | 27 Nov 2002 |
| £130,000 | 16 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £425,000 results in an estimated price of approximately £508,372.
| 7 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £425,000 | £83,372 | £508,372 |
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 | 15.861 % | £67,407 | £492,407 |
| 3 Month Average | 11.928 % | £50,694 | £475,694 |
| 6 Month Average | 36.743 % | £156,156 | £581,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £537,201 | £525,000 | 5 SUTTON ROAD |
| 17 Aug 2022 | £615,377 | £612,500 | 6 ALEXANDRA ROAD |
| 27 May 2022 | £505,674 | £492,500 | 9 SUTTON ROAD |
| 13 May 2022 | £318,292 | £310,000 | 54 HEATON ROAD |
| 25 Feb 2022 | £554,640 | £525,000 | 3 ASHBURN ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 22 Jul 2020. Using an estimated price of £508,373 means this house is valued at £4,420 per sq meter (£410 per sq foot).
The average size of a house on ASHBURN ROAD is 124 sq meters (1,335 sq feet).