£269,866
This estimated value is based upon the latest sale price for the house of £162,000 on 15 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £162,000 | 15 Aug 2013 |
| £136,000 | 5 Dec 2005 |
| £83,500 | 23 Jan 2002 |
| £73,000 | 20 Nov 2000 |
| £56,000 | 8 May 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2013 the House Price Index for GREATER MANCHESTER was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £162,000 results in an estimated price of approximately £269,866.
| 15 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £162,000 | £107,866 | £269,866 |
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 | 94.617 % | £153,280 | £315,280 |
| 3 Month Average | 62.677 % | £101,537 | £263,537 |
| 6 Month Average | 61.492 % | £99,616 | £261,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £443,854 | £440,000 | 11 CRESCENT PARK |
| 28 Sep 2023 | £327,213 | £320,000 | 2 CRESCENT PARK |
| 5 Jun 2023 | £142,863 | £140,000 | 11 STANTON GARDENS |
| 14 Apr 2023 | £216,550 | £212,500 | 18 CRESCENT PARK |
| 20 Feb 2023 | £453,026 | £450,000 | 18 MARCH AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 1 Mar 2013. Using an estimated price of £269,866 means this house is valued at £4,283 per sq meter (£397 per sq foot).
The average size of a house on PARK DRIVE is 85 sq meters (922 sq feet).