£240,479
This estimated value is based upon the latest sale price for the house of £232,000 on 27 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £232,000 | 27 Jun 2023 |
| £245,000 | 23 Jun 2023 |
| £130,000 | 5 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2023 the House Price Index for GREATER MANCHESTER was 98.5.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 3.655%.Applying this 3.655% change to the original purchase price of £232,000 results in an estimated price of approximately £240,479.
| 27 Jun 2023 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.5 | 102.1 | 3.655 % | £232,000 | £8,479 | £240,479 |
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 | -4.582 % | £-10,629 | £221,370 |
| 3 Month Average | 14.745 % | £34,207 | £266,207 |
| 6 Month Average | 5.775 % | £13,397 | £245,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £263,251 | £255,000 | 1 THE CIRCUIT |
| 15 Sep 2023 | £235,215 | £226,000 | 13 NAPLES ROAD |
| 27 Jun 2023 | £240,479 | £232,000 | 26 NAPLES ROAD |
| 5 Apr 2023 | £310,649 | £300,000 | 14 WILLDOR GROVE |
| 27 Jan 2023 | £316,510 | £310,000 | 168 EDGELEY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Jul 2015. Using an estimated price of £240,479 means this house is valued at £3,083 per sq meter (£286 per sq foot).
The average size of a house on NAPLES ROAD is 81 sq meters (880 sq feet).