£352,923
This estimated value is based upon the latest sale price for the house of £255,000 on 7 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £255,000 | 7 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £255,000 results in an estimated price of approximately £352,923.
| 7 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £255,000 | £97,923 | £352,923 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -27.663 % | £-70,539 | £184,460 |
| 3 Month Average | 43.425 % | £110,733 | £365,733 |
| 6 Month Average | 37.707 % | £96,152 | £351,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £372,007 | £367,000 | 4 JUNE AVENUE |
| 5 Jun 2023 | £141,717 | £140,000 | 11 STANTON GARDENS |
| 20 Feb 2023 | £449,697 | £450,000 | 18 MARCH AVENUE |
| 29 Nov 2021 | £556,980 | £515,000 | 5 MOSSFIELD CLOSE |
| 1 Oct 2021 | £470,253 | £425,000 | 20 MARLCROFT AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 3 Sep 2015. Using an estimated price of £352,923 means this house is valued at £3,529 per sq meter (£327 per sq foot).
The average size of a house on MEADOW BANK is 135 sq meters (1,456 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).