£593,164
This estimated value is based upon the latest sale price for the house of £320,000 on 18 Jun 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£320,000 | 18 Jun 2009 |
Semi-Detached |
Freehold |
Floor Area: 135 sq meters or 1,460 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 2009 the House Price Index for GREATER MANCHESTER was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £320,000 results in an estimated price of approximately £593,164.
18 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.364 % | £320,000 | £273,164 | £593,164 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | 84.847 % | £271,509 | £591,509 |
3 Month Average | 70.497 % | £225,590 | £545,590 |
6 Month Average | 82.050 % | £262,561 | £582,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £640,563 | £635,000 | 31 FRESHFIELD ROAD |
15 Dec 2023 | £541,644 | £525,000 | 72 THORNHILL ROAD |
16 Jun 2023 | £474,509 | £465,000 | 74 THORNHILL ROAD |
30 Jan 2023 | £792,116 | £790,000 | 28 THORNHILL ROAD |
19 Aug 2022 | £271,218 | £269,950 | FLAT 6 CAVENDISH COURT, 406 DIDSBURY ROAD |
This house has a floor area of 135 sq meters or 1,460 sq feet when measured on 10 Feb 2009. Using an estimated price of £593,165 means this house is valued at £4,371 per sq meter (£406 per sq foot).
The average size of a house on FRESHFIELD ROAD is 126 sq meters (1,362 sq feet).