£269,906
This estimated value is based upon the latest sale price for the house of £267,000 on 14 Apr 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £267,000 | 14 Apr 2023 |
| £165,000 | 27 Jul 2012 |
| £81,000 | 17 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 April 2023 the House Price Index for GREATER MANCHESTER was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £267,000 results in an estimated price of approximately £269,906.
| 14 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £267,000 | £2,906 | £269,906 |
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 | -19.141 % | £-51,106 | £215,893 |
| 3 Month Average | -9.129 % | £-24,375 | £242,624 |
| 6 Month Average | -15.260 % | £-40,743 | £226,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £390,786 | £385,000 | 218 STOCKPORT ROAD |
| 29 Sep 2023 | £426,453 | £421,000 | 216 STOCKPORT ROAD |
| 28 Apr 2023 | £199,288 | £197,142 | 5 EVA ROAD |
| 14 Apr 2023 | £269,906 | £267,000 | 3 ELLESMERE ROAD |
| 20 Jan 2023 | £318,500 | £320,000 | 30 DORRINGTON ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 16 May 2012. Using an estimated price of £269,906 means this house is valued at £2,902 per sq meter (£269 per sq foot).
The average size of a house on ELLESMERE ROAD is 117 sq meters (1,262 sq feet).