£216,198
This estimated value is based upon the latest sale price for the house of £167,500 on 9 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£167,500 | 9 Jun 2017 |
£93,995 | 8 Sep 2003 |
£49,950 | 29 Mar 1996 |
Semi-Detached |
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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £167,500 results in an estimated price of approximately £216,198.
9 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £167,500 | £48,698 | £216,198 |
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 | 13.600 % | £22,779 | £190,279 |
3 Month Average | 23.982 % | £40,169 | £207,669 |
6 Month Average | 41.360 % | £69,278 | £236,778 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £226,974 | £220,000 | 16 EATON CLOSE |
19 Sep 2023 | £291,424 | £285,000 | 18 FOUNTAINS WALK |
8 Aug 2023 | £213,857 | £210,000 | 6 EATON CLOSE |
3 Apr 2023 | £216,550 | £212,500 | 26 WARWICK CLOSE |
20 Jan 2023 | £261,449 | £260,750 | 45 WARWICK CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Jan 2016. Using an estimated price of £216,199 means this house is valued at £2,921 per sq meter (£271 per sq foot).
The average size of a house on EATON CLOSE is 64 sq meters (695 sq feet).
This house is the largest in the street with a floor area of 74 sq meters (796 sq feet).