£341,688
This estimated value is based upon the latest sale price for the house of £275,000 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £275,000 | 31 Jul 2019 |
| £217,000 | 9 Jan 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £275,000 results in an estimated price of approximately £341,688.
| 31 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £275,000 | £66,688 | £341,688 |
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 | -17.365 % | £-47,753 | £227,246 |
| 3 Month Average | 21.969 % | £60,414 | £335,414 |
| 6 Month Average | 27.241 % | £74,913 | £349,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £429,147 | £428,000 | 21 CORBAR ROAD |
| 17 Jun 2022 | £955,423 | £935,000 | CHURCH HOUSE CORBAR ROAD |
| 22 Dec 2021 | £480,292 | £445,000 | 18 SEYMOUR ROAD |
| 17 Dec 2021 | £145,707 | £135,000 | FLAT 1 BRETON HOUSE, 62 CANADA STREET |
| 8 Oct 2021 | £118,043 | £105,900 | 20 MAPLE CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 Mar 2019. Using an estimated price of £341,689 means this house is valued at £3,973 per sq meter (£369 per sq foot).
The average size of a house on CORBAR ROAD is 179 sq meters (1,929 sq feet).