£182,142
This estimated value is based upon the latest sale price for the house of £183,000 on 6 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £183,000 | 6 Jan 2023 |
| £93,000 | 22 Aug 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 January 2023 the House Price Index for GREATER MANCHESTER was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £183,000 results in an estimated price of approximately £182,142.
| 6 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £183,000 | £-857 | £182,142 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | -14.770 % | £-27,028 | £155,971 |
| 3 Month Average | -14.215 % | £-26,013 | £156,986 |
| 6 Month Average | -5.444 % | £-9,962 | £173,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £165,447 | £164,000 | 29 BRINDALE ROAD |
| 10 Feb 2023 | £217,853 | £218,000 | 21 MAYORLOWE AVENUE |
| 6 Jan 2023 | £182,142 | £183,000 | 27 MAYORLOWE AVENUE |
| 28 Mar 2022 | £165,802 | £160,000 | 336 BRINNINGTON ROAD |
| 1 Dec 2021 | £74,996 | £70,000 | 365 BRINNINGTON ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 Mar 2016. Using an estimated price of £182,142 means this house is valued at £1,597 per sq meter (£148 per sq foot).
The average size of a house on MAYORLOWE AVENUE is 107 sq meters (1,155 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).