£221,849
This estimated value is based upon the latest sale price for the house of £174,500 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £174,500 | 6 Oct 2017 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 October 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £174,500 results in an estimated price of approximately £221,849.
| 6 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £174,500 | £47,349 | £221,849 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 12.983 % | £22,655 | £197,155 |
| 3 Month Average | 10.242 % | £17,873 | £192,373 |
| 6 Month Average | 30.353 % | £52,966 | £227,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £231,500 | £231,500 | 23 SUNBURY CLOSE |
| 4 Apr 2023 | £264,956 | £260,000 | 16 SUNBURY CLOSE |
| 17 Mar 2023 | £294,925 | £290,000 | 29 FIR TREE CRESCENT |
| 20 Jan 2023 | £265,710 | £265,000 | 34 FIR TREE CRESCENT |
| 25 May 2022 | £256,687 | £250,000 | 27 FIR TREE LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 May 2017. Using an estimated price of £221,849 means this house is valued at £2,997 per sq meter (£278 per sq foot).
The average size of a house on SUNBURY CLOSE is 92 sq meters (995 sq feet).