£765,388
This estimated value is based upon the latest sale price for the house of £530,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £530,000 | 23 Oct 2015 |
| £100,000 | 30 Jun 1997 |
| Detached |
| Freehold |
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 October 2015 the House Price Index for GREATER MANCHESTER was 70.7.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 44.413%.Applying this 44.413% change to the original purchase price of £530,000 results in an estimated price of approximately £765,388.
| 23 Oct 2015 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.7 | 102.1 | 44.413 % | £530,000 | £235,388 | £765,388 |
The Postcode Pricing Model uses changes in average sales price within the SK7 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 | 70.181 % | £371,957 | £901,957 |
| 3 Month Average | 73.684 % | £390,523 | £920,523 |
| 6 Month Average | 64.047 % | £339,451 | £869,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2024 | £877,183 | £860,000 | 22 PATCH LANE |
| 8 Mar 2024 | £434,368 | £416,500 | 49 PATCH LANE |
| 20 Dec 2023 | £867,482 | £825,000 | 1 FIELDSIDE CLOSE |
| 17 Mar 2023 | £1,003,414 | £970,000 | 28 HIGHFIELD PARKWAY |
| 31 Aug 2022 | £922,590 | £900,000 | 24 OGDEN ROAD |