£254,366
This estimated value is based upon the latest sale price for the house of £220,000 on 9 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £220,000 | 9 Dec 2020 |
| £60,000 | 11 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £220,000 results in an estimated price of approximately £254,366.
| 9 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £220,000 | £34,366 | £254,366 |
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 | -3.755 % | £-8,261 | £211,738 |
| 3 Month Average | 12.999 % | £28,598 | £248,598 |
| 6 Month Average | 23.737 % | £52,222 | £272,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £231,094 | £226,000 | 13 NAPLES ROAD |
| 8 Aug 2023 | £3,788,326 | £3,720,000 | 265 EDGELEY ROAD |
| 5 Apr 2023 | £305,718 | £300,000 | 14 WILLDOR GROVE |
| 27 Jan 2023 | £310,831 | £310,000 | 168 EDGELEY ROAD |
| 8 Jul 2022 | £252,530 | £250,000 | 27 NAPLES ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 17 Jun 2015. Using an estimated price of £254,366 means this house is valued at £3,484 per sq meter (£323 per sq foot).
The average size of a house on NAPLES ROAD is 81 sq meters (880 sq feet).