£164,721
This estimated value is based upon the latest sale price for the house of £119,500 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£119,500 | 4 Dec 2015 |
£118,000 | 26 Jun 2006 |
Terraced |
Leasehold |
Floor Area: 77 sq meters or 828 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 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 37.843%.Applying this 37.843% change to the original purchase price of £119,500 results in an estimated price of approximately £164,721.
4 Dec 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.0 | 37.843 % | £119,500 | £45,221 | £164,721 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | 99.077 % | £118,396 | £237,896 |
3 Month Average | 27.754 % | £33,166 | £152,666 |
6 Month Average | 30.514 % | £36,463 | £155,963 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £326,988 | £325,000 | 3 CHESTNUT CLOSE |
28 Apr 2023 | £193,438 | £192,000 | 17 ELM TREE CLOSE |
6 Sep 2022 | £217,356 | £220,000 | 31 ELM TREE CLOSE |
22 Jul 2022 | £314,575 | £315,000 | 9 CHESTNUT CLOSE |
22 Jun 2022 | £247,509 | £245,000 | 4 CHESTNUT CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Feb 2012. Using an estimated price of £164,722 means this house is valued at £2,139 per sq meter (£198 per sq foot).
The average size of a house on ELM TREE CLOSE is 80 sq meters (861 sq feet).