£152,387
This estimated value is based upon the latest sale price for the house of £123,000 on 18 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £123,000 | 18 Jun 2018 |
| £96,000 | 4 Nov 2005 |
| £43,000 | 24 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 548 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 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £123,000 results in an estimated price of approximately £152,387.
| 18 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £123,000 | £29,387 | £152,387 |
The Postcode Pricing Model uses changes in average sales price within the SK2 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 | 20.517 % | £25,236 | £148,236 |
| 3 Month Average | 26.928 % | £33,121 | £156,121 |
| 6 Month Average | 33.222 % | £40,862 | £163,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jan 2023 | £322,170 | £325,000 | 35 WOODLANDS DRIVE |
| 26 Oct 2021 | £244,646 | £222,000 | 49 WOODLANDS DRIVE |
| 17 Sep 2021 | £191,037 | £178,000 | 1 OFFERTON FOLD |
| 25 Jun 2021 | £220,130 | £206,000 | 10 OFFERTON FOLD |
| 26 May 2021 | £258,015 | £229,250 | 31 HAYBURN ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 7 Aug 2015. Using an estimated price of £152,387 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on HAYBURN ROAD is 93 sq meters (1,001 sq feet).