£250,473
This estimated value is based upon the latest sale price for the house of £202,500 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £202,500 | 17 Aug 2018 |
| £177,500 | 5 Aug 2016 |
| £71,500 | 15 Jun 2001 |
| £46,500 | 28 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £202,500 results in an estimated price of approximately £250,473.
| 17 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £202,500 | £47,973 | £250,473 |
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 | 23.171 % | £46,920 | £249,420 |
| 3 Month Average | 30.183 % | £61,121 | £263,621 |
| 6 Month Average | 36.732 % | £74,382 | £276,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £257,776 | £255,000 | 69 CLAREMONT ROAD |
| 6 Apr 2023 | £153,654 | £152,000 | 63 SOUTHWOOD ROAD |
| 3 Mar 2023 | £78,021 | £77,286 | 49 SOUTHWOOD ROAD |
| 5 Jan 2023 | £258,781 | £260,000 | 2 RIPLEY AVENUE |
| 8 Jun 2022 | £263,727 | £260,000 | 53 NORWOOD ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 12 Apr 2016. Using an estimated price of £250,473 means this house is valued at £3,683 per sq meter (£342 per sq foot).
The average size of a house on RIPLEY AVENUE is 88 sq meters (957 sq feet).